Corporations Act 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.25 - TRANSITIONAL PROVISIONS RELATING TO THE INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

Division 1 - Introduction  

SECTION 1551  

1551   DEFINITIONS  


In this Part:

commencement day
means the day on which Part 1 of Schedule 2 to the Insolvency Law Reform Act 2016 commences.

Insolvency Practice Schedule (Corporations)
means Schedule 2 to this Act, and includes rules made under section 105-1 of that Schedule.

make
, in relation to an order that is a direction, includes give.

new external administration
of a company means an external administration of a company that starts on or after the commencement day.

old Act
means the Corporations Act 2001 , as in force immediately before the commencement day and includes the old regulations.

old Act registrant
has the meaning given by subsection 1553(4) .

old Act registration day
, in relation to a person, has the meaning given by subsection 1555(2) .

old regulations
means the Corporations Regulations 2001 , as in force immediately before the commencement day.

ongoing external administration
of a company means an external administration of a company that started before the commencement day and ends after that day.

order
includes a direction.

registered
: a person is registered as a liquidator, or as a liquidator of a specified body corporate, at a particular time in the circumstances set out in subsection 1552(2) .

Register of Liquidators
means the Register of Liquidators established and maintained under section 15-1 of the Insolvency Practice Schedule (Corporations).


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.