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 5.4A - WINDING UP BY THE COURT ON OTHER GROUNDS

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History

Heading to Pt 5.4A inserted by No 210 of 1992, s 57 (effective 23 June 1993).

[ CCH Note: see s 1382-1383.]

SECTION 464   APPLICATION FOR WINDING UP IN CONNECTION WITH INVESTIGATION UNDER ASIC LAW  

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464(1)  [Application by Commission]  

Where the Commission is investigating, or has investigated, under Division 1 of Part 3 of the ASIC Law:

(a)  matters being, or connected with, affairs of a company; or

(b)  matters including such matters;

the Commission may apply to the Court for the winding up of the company.

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History

S 464(1) amended by No 156 of 1999, s 3, Sch 11, Pt 1 [1] and [10] (effective 25 November 2000).

S 464(1) amended by No 110 of 1990, Sch 1 (effective 18 December 1990).

464(2)  [Application of Law]  

For the purposes of an application under subsection (1), this Law applies, with such modifications as the circumstances require, as if a winding up application had been made by the company.

464(3)  [Duty to give copy of application to company]  

The Commission shall give a copy of an application made under subsection (1) to the company.

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