Corporations Act 2001
Note: See section 600K .
PART 3 - GENERAL RULES RELATING TO EXTERNAL ADMINISTRATIONS Division 80 - Committees of inspection SECTION 80-5 APPLICATIONApplication of whole of Division
80-5(1A)
This Division does not apply to: (a) a company under restructuring; or (b) a company that has made a restructuring plan that has not yet terminated.
View history note
Hide history noteApplication of sections 80-10 to 80-25
80-5(1)
The rules in sections 80-10 to 80-25 apply if the external administrator of a company convenes a meeting of creditors for the purpose of determining either or both of the following:
(a) whether there is to be a committee of inspection for the company;
(b) if there is, or is to be, a committee of inspection - who are to be appointed members of the committee.
80-5(2)
However, those rules do not apply if the company is a member of a pooled group.
Note: Committees of inspection for pooled groups are dealt with in sections 80-26 and 80-27 .
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