Corporations Act 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

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

Note: This Part does not apply to a CCIV or a sub-fund of a CCIV: see Division 4 of Part 8B.6 .

Division 12 - Transition to creditors ' voluntary winding up  

SECTION 446B   REGULATIONS MAY PROVIDE FOR TRANSITION IN OTHER CASES  

446B(1)    
The regulations may prescribe cases where:

(a) a company under administration; or

(b) a company that has executed a deed of company arrangement (even if the deed has terminated);

is taken to have passed a special resolution under section 491 that the company be wound up voluntarily.

446B(2)    

The regulations may provide for Part 5.5 or Schedule 2 to apply with prescribed modifications in cases prescribed for the purposes of subsection (1).

446B(3)    
Without limiting subsection (2), the regulations may provide, in relation to such cases, for matters of a kind provided for by any of subsections 446A(2) to (7) and 446AA(2) to (6) , inclusive.

446B(4)    
Regulations in force for the purposes of this section have effect accordingly.