Corporations Act 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.6 - WINDING UP GENERALLY  

Note: This Part applies to a sub-fund of a CCIV in a modified form: see Division 5 of Part 8B.6 .

Division 8 - Pooling  

Subdivision B - Pooling orders  

SECTION 579F   VARIATION OF POOLING ORDERS  

579F(1)    
The Court may, by order, vary a pooling order if the Court is of the opinion that it is just and equitable to do so.

579F(2)    
A pooling order may only be varied on the application of:

(a)    the liquidator of a company in the group; or

(b)    a creditor of a company in the group; or

(c)    in a case where a company in the group is being wound up under a members ' voluntary winding up - a member of the company, so long as the member is not a company in the group.

Lodgment of order

579F(3)    
An order under subsection (1) must be lodged with ASIC.