CCH Note:
Part 13 of the
Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW
82
The Corporations Law is as follows:...
CHAPTER 5 - EXTERNAL ADMINISTRATION
PART 5.4 - WINDING UP IN INSOLVENCY
History
Heading substituted by No 210 of 1992, s 57 (effective 23 June 1993).
CCH Note:
See s 1382-1383.
Division 3 - Application to set aside statutory demand
History
Heading inserted by No 210 of 1992, s 57 (effective 23 June 1993).
CCH Note:
See s 1382-1383.
SECTION 459G
COMPANY MAY APPLY
459G(1)
[Company may apply]
A company may apply to the Court for an order setting aside a statutory demand served on the company.
History
S 459G(1) inserted by No 210 of 1992, s 57 (effective 23 June 1993).
CCH Note:
see s 1382-1383.
459G(2)
[Time limit]
An application may only be made within 21 days after the demand is so served.
History
S 459G(2) inserted by No 210 of 1992, s 57 (effective 23 June 1993).
CCH Note:
see s 1382-1383.
459G(3)
[Affidavit and copy of application]
An application is made in accordance with this section only if, within those 21 days:
(a)
an affidavit supporting the application is filed with the Court; and
(b)
a copy of the application, and a copy of the supporting affidavit, are served on the person who served the demand on the company.
History
S 459G(3) inserted by No 210 of 1992, s 57 (effective 23 June 1993).
CCH Note:
see s 1382-1383.