THE CORPORATIONS LAW

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.3A - ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT

Division 11 - Variation, termination and avoidance of deed

SECTION 445C   WHEN DEED TERMINATES  

445C    A deed of company arrangement terminates when:

(a)  the Court makes under section 445D an order terminating the deed; or

(b)  the company's creditors pass a resolution terminating the deed at a meeting that was convened under section 445F by a notice setting out the proposed resolution; or

(c)  if the deed specifies circumstances in which it is to terminate - those circumstances exist;

whichever happens first.