Corporations Act 2001
New external administrations
1579(1)
Part 3 of the Insolvency Practice Schedule (Corporations) applies in relation to a new external administration of a company.
Ongoing external administrations
1579(2)
Part 3 of the Insolvency Practice Schedule (Corporations) applies in relation to an ongoing external administration of a company in accordance with this Division.
[ CCH Note: Regulation Sch 13, item [4] (which was effective 1 March 2017) provides that s 1579 is amended as follows:
1579 Application of Part 3 of the Insolvency Practice Schedule (Corporations) - general rules
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