Corporations Regulations 2001

SCHEDULE 8 - SCHEMES OF ARRANGEMENT UNDER PART 5.1 OF THE ACT  

(regulation 5.1.01 )

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 1 - INTERPRETATION AND APPLICATION  

SECTION 8101.  

8101.    

In this Schedule:

internal creditor
means:

(a) a creditor who is a member of the company; or

(b) a relative or spouse of a member; or

(c) a relative of the spouse of a member.

relevant marketable securities
means:

(a) unless paragraph (b) applies - marketable securities; or

(b) if, because of section 1235C of the Act, the subject of the Scheme is a sub-fund of a CCIV:

(i) shares or debentures; or

(ii) any rights or options in respect of shares.

Note: If, because of section 1235C of the Act, the subject of the Scheme is a sub-fund of a CCIV, that section translates most of this Schedule ' s references to the company so that they are references to the sub-fund.

Scheme
means the proposed compromise or arrangement.

scheme creditors
means the creditors or class of creditors of a company, to whom the Scheme would apply.

scheme members
means the members or class of members of a company, to whom the Scheme would apply.