Corporations Act 2001
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View history notePt 10.25 inserted by No 11 of 2016, s 3, Sch 2[322] (effective 1 March 2017).
Div 3 inserted by No 11 of 2016, s 3, Sch 2[322] (effective 1 March 2017).
Subdiv F inserted by No 11 of 2016, s 3, Sch 2[322] (effective 1 March 2017).
Application of the Insolvency Practice Schedule (Corporations)
1602(1)
Section 75-15 of the Insolvency Practice Schedule (Corporations) does not apply in relation to:
(a) directions given before the commencement day; or
(b) resolutions passed before the commencement day.
Old Act continues to apply in relation to resolutions for voluntary winding up passed before commencement day
1602(2)
Despite their repeal by Schedule 2 to the Insolvency Law Reform Act 2016 :
(a) sections 497 and 498 of the old Act continue to apply on and after the commencement day in relation to a resolution for voluntary winding up that is passed before the commencement day; and
(b) subsection 477(4) of the old Act continues to apply on and after the commencement day if a meeting of creditors has not been held under section 497 of the old Act in relation to a voluntary winding up a resolution for which is passed before the commencement day.
S 1602 inserted by No 11 of 2016, s 3, Sch 2[322] (effective 1 March 2017).
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