THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW

THE CORPORATIONS LAW   82 

The Corporations Law is as follows:...

CHAPTER 2K - CHARGES

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PART 2K.2 - REGISTRATION

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History

Div 2 renumbered to Pt 2K.2 by No 61 of 1998, Sch 3 (effective 1 July 1998).

SECTION 274   POWER OF COURT TO RECTIFY REGISTER  

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274    Where the Court is satisfied:

(a)  that a particular with respect to a registrable charge on property of a company has been omitted from, or mis-stated in, the Register or a memorandum referred to in section 269; and

(b)  that the omission or mis-statement:

(i) was accidental or due to inadvertence or to some other sufficient cause; or

(ii) is not of a nature to prejudice the position of creditors or shareholders;

or that on other grounds it is just and equitable to grant relief;

the Court may, on the application of the company or any person interested and on such terms and conditions as seem to the Court just and expedient, order that the omission or mis-statement be rectified.

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History

S 274 amended by No 110 of 1990, Sch 4 (effective 1 January 1991).

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