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Corporations Regulations 2001

SCHEDULE 13 - TRANSITION TO PART 3 OF THE INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

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Note: See subregulation 10.25.01(3).

Corporations Act 2001

4   Section 1579  

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Repeal the section, substitute:

1579 Application of Part 3 of the Insolvency Practice Schedule (Corporations) - general rules  


(1)
Part 3 of the Insolvency Practice Schedule (Corporations) applies in relation to an external administration of a company that starts on or after 1 September 2017.


(2)
Part 3 of the Insolvency Practice Schedule (Corporations) applies in relation to an ongoing external administration of a company in accordance with this Division.


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