Corporations Act 2001
Note: See section 600K .
PART 1 - INTRODUCTION Division 5 - Definitions Subdivision C - Other definitions CLAUSE 5-15 5-15 MEANING OF EXTERNAL ADMINISTRATION OF A COMPANYA company is taken to be under external administration if:
(a) the company is under administration; or
(b) a deed of company arrangement has been entered into in relation to the company; or
(ba) the company is under restructuring; or
(bb) a restructuring plan has been made in relation to the company; or
(c) a liquidator has been appointed in relation to the company; or
(d) a provisional liquidator has been appointed in relation to the company.
Note: A company is not under external administration for the purposes of this Schedule merely because a receiver, receiver and manager, or other controller has been appointed in relation to property of the company.
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