Corporations Act 2001
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteSubsection 843A(1) , (2) or (7) does not apply to enforcing a right against a body corporate if the right is: (a) a right under an arrangement entered into after the body corporate comes under statutory management; or (b) a right contained in a kind of arrangement:
(i) prescribed by the regulations for the purposes of this subparagraph; or
(c) a right of a kind:
(ii) declared under paragraph (2)(a) of this section; or
(i) prescribed by the regulations for the purposes of this subparagraph; or
(d) a right of a kind declared under paragraph (2)(c) , and the circumstances specified in that declaration exist.
(ii) declared under paragraph (2)(b) ; or
843B(2)
For the purposes of subsection (1) , the Minister may, by legislative instrument: (a) declare kinds of arrangements referred to in a specified law of the Commonwealth; or (b) declare kinds of rights to which subsection 843A(1) , (2) or (7) does not apply; or (c) declare kinds of rights to which subsection 843A(1) , (2) or (7) does not apply in specified circumstances.
843B(3)
Subsection 843A(1) , (2) or (7) does not apply to enforcing a right to the extent that the Reserve Bank consents in writing to the enforcement of the right.
843B(4)
Subsection 843A(7) does not apply to enforcing a right against a body corporate to the extent that a liquidator of the body corporate, appointed after the end of the stay period, consents in writing to the enforcement of the right.
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