Corporations Regulations 2001
CHAPTER 5
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EXTERNAL ADMINISTRATION
PART 5.5
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VOLUNTARY WINDING UP
Division 2
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Simplified liquidation process
Subdivision C
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Ceasing of simplified liquidation process
REGULATION 5.5.09
5.5.09
WORKING OUT WHETHER THE 25% IN VALUE OF CREDITORS TEST MET
For the purposes of paragraph 500AD(b) of the Act, a person who is a related entity, and a creditor, of the company is not to be taken into account.
View history note
Hide history noteFor the purposes of paragraph 500AD(b) of the Act, a person who is a related entity, and a creditor, of the company is not to be taken into account.
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