THE CORPORATIONS LAW

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.6 - WINDING UP GENERALLY

Division 1A - When winding up taken to begin

SECTION 513C   SECTION 513C DAY IN RELATION TO AN ADMINISTRATION UNDER PART 5.3A  

513C    The section 513C day in relation to the administration of a company is:

(a)  if, when the administration began, a winding up of the company was in progress - the day on which the winding up is taken because of this Division to have begun; or

(b)  otherwise - the day on which the administration began.