Corporations Regulations 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.3B - RESTRUCTURING OF A COMPANY  

Division 6 - Powers of Court  

REGULATION 5.3B.61   WHEN COURT MAY VARY RESTRUCTURING PLAN  

5.3B.61(1)    
A restructuring plan that has been made by a company must not be varied except in accordance with this regulation.

5.3B.61(2)    
The Court may make an order varying a restructuring plan:

(a)    on its own initiative; or

(b)    on the application of:


(i) the company; or

(ii) an affected creditor; or

(iii) the restructuring practitioner for the plan; or

(iv) ASIC.




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