Corporations Amendment (Aboriginal and Torres Strait Islander Corporations) Act 2006 (126 of 2006)
Schedule 1 Amendments of the Corporations Act 2001 relating to Aboriginal and Torres Strait Islander corporations
Corporations Act 2001
11 Paragraph 206D(2)(a)
Repeal the paragraph, substitute:
(a) a Court orders the corporation to be wound up under:
(i) section 459B of this Act; or
(ii) section 526-1 of the Corporations (Aboriginal and Torres Strait Islander) Act 2006;
because the Court is satisfied that the corporation is insolvent; or
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