Corporations Legislation Amendment Act 2003 (24 of 2003)
Schedule 1 Repeal of annual return requirements
Corporations Act 2001
8 Section 9
Insert:
solvency resolution means a resolution by the directors of a company as to whether or not, in their opinion, there are reasonable grounds to believe that the company will be able to pay its debts as and when they become due and payable.
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