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 5.8A - EMPLOYEE ENTITLEMENTS
History
Part 5.8A inserted by Act No 78 of 2000, Sch 1(5), (effective 30 June 2000)
SECTION 596AI
EVENTS PREVENTING EMPLOYEE FROM SUING
596AI(1)
[Events]
An employee of a company that is being wound up cannot begin proceedings under section 596AC in relation to a contravention in relation to an entitlement of the employee if:
(a)
the company's liquidator has applied under section 588FF in relation to a transaction that constituted, or was part of, the contravention; or
(b)
the company's liquidator has begun proceedings under section 596AC in relation to the contravention; or
(c)
the company's liquidator has begun proceedings under section 588M in relation to the incurring of the debt that is linked to the contravention; or
(d)
the company's liquidator has intervened in an application for a civil penalty order against a person in relation to a contravention of section 588G in relation to the incurring of the debt that is linked to the contravention.
596AI(2)
[Other sections]
Subsection (1) has effect despite sections 596AF and 596AH.
History
S 596AI inserted by Act No 78 of 2000, Sch 1(5), (effective 30 June 2000)