THE CORPORATIONS LAW

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.7A - RECIPROCITY WITH OTHER JURISDICTIONS

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

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SECTION 588AB   ENFORCEMENT OF ORDERS  

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588AB(1)  [Order under corresponding Pt 5.3A]  

This section applies if:

(a)  the Federal Court makes under Part 5.3A of the Corporations Law of another jurisdiction; or

(b)  the Supreme Court of another jurisdiction makes under Part 5.3A of the Corporations Law of any jurisdiction; or

(c)  the Supreme Court of this jurisdiction makes under Part 5.3A of the Corporations Law of another jurisdiction;

an order in connection with the administration of, or a deed of company arrangement executed by, a company within the meaning of that Part of that Law.

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588AB(2)  [Effect and enforcement of order]  

The order has effect, and may be enforced in all respects, in this jurisdiction as if it were an order made under Part 5.3A, in relation to a company, by:

(a)  if paragraph (1)(a) applies - the Federal Court; or

(b)  if paragraph (1)(b) or (c) applies - the Supreme Court of this jurisdiction.

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