Insolvency Law Reform Act 2016 (11 of 2016)

Schedule 2   Amendments relating to the Insolvency Practice Schedule (Corporations)

Part 2   Amendments consequential on the introduction of the Insolvency Practice Schedule (Corporations)

Corporations Act 2001

160   Subsection 496(8)

Repeal the subsection, substitute:

(8) After the meeting the winding up must proceed as if it were a creditors' voluntary winding up.