Corporations Act 2001
CHAPTER 5
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EXTERNAL ADMINISTRATION
PART 5.6
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WINDING UP GENERALLY
Division 1A
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When winding up taken to begin
SECTION 513C
513C
SECTION 513C DAY IN RELATION TO AN ADMINISTRATION UNDER PART 5.3A
The section 513C day in relation to the administration of a company is: (aa) if, immediately before the administration began, the company was under restructuring - the day on which the restructuring began; or (ab) if, immediately before the administration began, a restructuring plan had been made by the company but had not yet terminated - the day on which the restructuring that ended when the plan was made began; or (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.
[ CCH Note: Pt 5.6 will be amended by No 8 of 2022, s 3, Sch 2[151], by inserting the note, (effective 1 July 2022). The note will read:
Note: This Part applies to a sub-fund of a CCIV in a modified form: see Division 5 of Part 8B.6 .]
The section 513C day in relation to the administration of a company is: (aa) if, immediately before the administration began, the company was under restructuring - the day on which the restructuring began; or (ab) if, immediately before the administration began, a restructuring plan had been made by the company but had not yet terminated - the day on which the restructuring that ended when the plan was made began; or (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.
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