Corporations Regulations 2001
View history note
Hide history noteFor the purposes of subsection 453L(4) of the Act, this regulation prescribes the circumstances in which entering into a transaction or dealing by a company is to not be treated as in the ordinary course of the company ' s business.
5.3B.04(2)
The circumstances are as follows: (a) the transaction or dealing is for the purposes of satisfying an admissible debt or claim; (b) the transaction or dealing relates to the transfer or sale of the whole or a part of the business; (c) the transaction or dealing relates to the payment of a dividend.
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