THE CORPORATIONS LAW

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.6 - WINDING UP GENERALLY

Division 5 - Committees of inspection

SECTION 549   PROCEEDINGS OF COMMITTEE OF INSPECTION  

549(1)  [Time and place]  

A committee of inspection shall meet at such times and places as its members from time to time appoint.

549(2)  [Convening]  

The liquidator or a member of the committee may convene a meeting of the committee.

549(3)  [Majority]  

A committee may act by a majority of its members present at a meeting, but shall not act unless a majority of its members are present.




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