THE CORPORATIONS LAW

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.2 - RECEIVERS, AND OTHER CONTROLLERS, OF PROPERTY OF CORPORATIONS

SECTION 434C   EFFECT OF SECTIONS 434A AND 434B  

434C(1)  [Sec 434A or 434B order does not affect charge]  

Except as expressly provided in section 434A or 434B, an order under that section does not affect a charge on property of a corporation.

434C(2)  [Court's other powers over controller unaffected]  

Nothing in section 434A or 434B limits any other power of the Court to remove, or otherwise deal with, a controller of property of a corporation (for example, the Court's powers under section 423).


 

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