Corporations Act 2001

CHAPTER 2G - MEETINGS  

PART 2G.2 - MEETINGS OF MEMBERS OF COMPANIES  

Division 8 - AGMs of public companies  

SECTION 250PAB   EXEMPTIONS BY ASIC - INDIVIDUAL EXTERNALLY-ADMINISTERED COMPANIES  

250PAB(1)  
The liquidator of a company that is being wound up may lodge an application with ASIC to exempt the company from section 250N .

250PAB(2)  
The administrator of a company under administration may lodge an application with ASIC to exempt the company from section 250N .

250PAB(3)  
The administrator of a deed of company arrangement may lodge an application with ASIC to exempt the company from section 250N .

250PAB(3A)  

The restructuring practitioner for a company under restructuring may lodge an application with ASIC to exempt the company from section 250N .

250PAB(3B)  

The restructuring practitioner for a restructuring plan for a company may lodge an application with ASIC to exempt the company from section 250N .

250PAB(4)  
If an application is lodged under subsection (1), (2) or (3), ASIC may, by writing, exempt the company from section 250N .

250PAB(5)  
The exemption may be:

(a) unconditional; or

(b) subject to one or more specified conditions.

250PAB(6)  
ASIC must cause a copy of the exemption to be published in the Gazette .