Corporations Amendment (Insolvency) Act 2007 (132 of 2007)
Schedule 4 Fine-tuning voluntary administration
Part 1 General
Corporations Act 2001
27 At the end of section 444D
Add:
(4) Section 231 does not prevent a creditor of the company from becoming a member of the company as a result of the deed requiring the creditor to accept an offer of shares in the company.
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