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 5.7A - RECIPROCITY WITH OTHER JURISDICTIONS

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History

Pt 5.7A inserted by No 110 of 1990, Sch 1 (effective 18 December 1990)

Division 1 - Application of Part 5.3A to matters arising under corresponding laws

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Heading inserted by No 210 of 1992, s 110 (effective 23 June 1993).

SECTION 588AA   APPLICATION IN THIS JURISDICTION  

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588AA(1)  [Administration, etc of recognised company]  

This section has effect for the purposes of:

(a)  the administration of a recognised company; or

(b)  a deed of company arrangement executed by a recognised company;

in so far as those purposes concern this jurisdiction.

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S 588AA(1) inserted by No 210 of 1992, s 110 (effective 23 June 1993).

588AA(2)  [Application of Pt 5.3 to recognised company]  

Part 5.3A applies in relation to the recognised company in the same way, as nearly as practicable, as it applies in relation to a company.

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S 588AA(2) inserted by No 210 of 1992, s 110 (effective 23 June 1993).

588AA(3)  [Power of administrator]  

Without limiting subsection (2), the administrator of the recognised company, or of the deed, as the case may be, may perform or exercise any function or power under Part 5.3A of a kind that an administrator of a company, or of a deed of company arrangement executed by a company, may perform or exercise under that Part.

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S 588AA(3) inserted by No 210 of 1992, s 110 (effective 23 June 1993).

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