Corporations Regulations 2001
SCHEDULE 8
-
SCHEMES OF ARRANGEMENT UNDER PART 5.1 OF THE ACT
The statement must set out particulars of the intentions of the directors of the company the subject of the Scheme regarding:
(a) the continuation of the business of the company or, if the undertaking, or any part of the undertaking, of a company is to be transferred, how that undertaking or part is to be conducted in the future; and
(b) any major changes to be made to the business of the company, including any redeployment of the fixed assets of the company; and
(c) the future employment of the present employees of the company.
(regulation 5.1.01 )
CHAPTER 5 - EXTERNAL ADMINISTRATION
PART 3 - PRESCRIBED INFORMATION RELATING TO PROPOSED COMPROMISE OR ARRANGEMENT WITH MEMBERS OR A CLASS OF MEMBERS SECTION 8310. 8310.The statement must set out particulars of the intentions of the directors of the company the subject of the Scheme regarding:
(a) the continuation of the business of the company or, if the undertaking, or any part of the undertaking, of a company is to be transferred, how that undertaking or part is to be conducted in the future; and
(b) any major changes to be made to the business of the company, including any redeployment of the fixed assets of the company; and
(c) the future employment of the present employees of the company.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.