Financial Sector (Transfer and Restructure) Act 1999
PART 4A
-
RESTRUCTURES
Division 3
-
Restructure instruments
SECTION 36H
RESTRUCTURE INSTRUMENTS
-
COMING INTO FORCE
36H(1)
A restructure instrument comes into force only if:
(a) a court makes an order under subsection 411(4) of the Corporations Act 2001 approving the restructure arrangement; and
(b) the arrangement (as ordered) is in accordance with the restructure approval; and
(c) any conditions mentioned in paragraph 36E(1)(a) to which the restructure approval is subject have been satisfied by the time the court order comes into force.
36H(2)
A restructure instrument comes into force at the time the court order mentioned in subsection (1) comes into force.
View history note
Hide history noteA restructure instrument comes into force only if:
(a) a court makes an order under subsection 411(4) of the Corporations Act 2001 approving the restructure arrangement; and
(b) the arrangement (as ordered) is in accordance with the restructure approval; and
(c) any conditions mentioned in paragraph 36E(1)(a) to which the restructure approval is subject have been satisfied by the time the court order comes into force.
36H(2)
A restructure instrument comes into force at the time the court order mentioned in subsection (1) comes into force.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.