Corporations Act 2001
Note: This Part applies to a sub-fund of a CCIV in a modified form: see Division 5 of Part 8B.6 .
View history note
Hide history notePooling determination
573(1)
Within 7 days after a pooling determination comes into force in relation to a group of 2 or more companies, the liquidator or liquidators of the companies in the group must lodge a copy of the determination with ASIC.
Note: A pooling determination comes into force when it is approved by the eligible unsecured creditors of each of the companies in the group - see section 578 .
[ CCH Note: S 573(1) will be amended by No 69 of 2020, s 3, Sch 1[785], by substituting " the Registrar. The lodgement must meet any requirements of the data standards. " for " ASIC. " , (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
Variation of pooling determination
573(2)
Within 7 days after a variation of a pooling determination comes into force in relation to a group of 2 or more companies, the liquidator or liquidators of the companies in the group must lodge a copy of the variation with ASIC.
Note: A variation of a pooling determination comes into force when it is approved by the eligible unsecured creditors of each of the companies in the group - see section 578 .
[ CCH Note: S 573(2) will be amended by No 69 of 2020, s 3, Sch 1[785], by substituting " the Registrar. The lodgement must meet any requirements of the data standards. " for " ASIC. " , (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
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