CORPORATIONS ACT 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

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

Division 2 - Application of Part 2 of the Insolvency Practice Schedule (Corporations) and related consequential amendments  

Subdivision E - Disciplinary proceedings before the Board  

SECTION 1567   MATTERS WHICH THE BOARD REFUSES TO DEAL WITH BEFORE THE COMMENCEMENT DAY  

1567(1)  
This section applies if:

(a) an application has been made under section 1292 of the old Act in relation to a person before the commencement day; and

(b) before the commencement day, the Board has decided to refuse to:

(i) make an order in response to the application under subsection 1292(2) , (3) , (4) , (5) , (6) or (7) ; or

(ii) deal with the person under subsection 1292(9) in response to the application; or

(iii) convene a conference in relation to the application under section 1294A .

1567(2)  
The old Act continues to apply in relation to the decision to refuse to make the order under subsection 1292(2) , (3) , (4) , (5) , (6) or (7) , deal with the matter under subsection 1292(9) in response to the application or convene a conference under section 1294A .

1567(3)  
The same matter may not be dealt with under Division 40 of the Insolvency Practice Schedule (Corporations).