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 5 - EXTERNAL ADMINISTRATION

PART 5.4 - WINDING UP IN INSOLVENCY

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History

Heading substituted by No 210 of 1992, s 57 (effective 23 June 1993).

CCH Note: See s 1382-1383.

Division 3 - Application to set aside statutory demand

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Heading inserted by No 210 of 1992, s 57 (effective 23 June 1993).

CCH Note: See s 1382-1383.

SECTION 459G   COMPANY MAY APPLY  

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459G(1)  [Company may apply]  

A company may apply to the Court for an order setting aside a statutory demand served on the company.

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S 459G(1) inserted by No 210 of 1992, s 57 (effective 23 June 1993).

CCH Note: see s 1382-1383.

459G(2)  [Time limit]  

An application may only be made within 21 days after the demand is so served.

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S 459G(2) inserted by No 210 of 1992, s 57 (effective 23 June 1993).

CCH Note: see s 1382-1383.

459G(3)  [Affidavit and copy of application]  

An application is made in accordance with this section only if, within those 21 days:

(a)  an affidavit supporting the application is filed with the Court; and

(b)  a copy of the application, and a copy of the supporting affidavit, are served on the person who served the demand on the company.

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History

S 459G(3) inserted by No 210 of 1992, s 57 (effective 23 June 1993).

CCH Note: see s 1382-1383.

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