Corporations Amendment (Insolvency) Act 2007 (132 of 2007)
Schedule 1 Improving outcomes for creditors
Part 4 Facilitating pooling in external administration
Corporations Act 2001
128 At the end of section 548
Add:
(4) This section does not apply in relation to a company if:
(a) either:
(i) a pooling determination is in force in relation to a group of 2 or more companies; or
(ii) a pooling order is in force in relation to a group of 2 or more companies; and
(b) the company is in the group.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
