Corporations Act 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.6 - WINDING UP GENERALLY  

Note: This Part applies to a sub-fund of a CCIV in a modified form: see Division 5 of Part 8B.6 .

Division 6 - Proof and ranking of claims  

Subdivision B - Computation of debts and claims  

SECTION 554   GENERAL RULE - COMPUTE AMOUNT AS AT RELEVANT DATE  

554(1)   [ Computation as at relevant date]  

The amount of a debt or claim of a company (including a debt or claim that is for or includes interest) is to be computed for the purposes of the winding up as at the relevant date.

554(2)   [ Exception]  

Subsection (1) does not apply to an amount admissible to proof under subsection 553(2).