Corporations Act 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.25 - TRANSITIONAL PROVISIONS RELATING TO THE INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

Division 2 - Application of Part 2 of the Insolvency Practice Schedule (Corporations) and related consequential amendments  

Subdivision F - Suspension, cancellation and disciplinary action under the Insolvency Practice Schedule (Corporations)  

SECTION 1572   CANCELLATION BY ASIC UNDER THE INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

1572(1)    
Section 40-30 of the Insolvency Practice Schedule (Corporations) applies whether or not an event mentioned in subsection 40-30(1) occurs before, on or after the commencement day.

1572(2)    
However, paragraph 40-30(1)(c) of the Insolvency Practice Schedule (Corporations) does not apply in relation to the cancellation of the registration of a person as a trustee under the Bankruptcy Act 1966 , as in force at any time before the commencement day.