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 1A - 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.