Corporations Act 2001
CHAPTER 5
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EXTERNAL ADMINISTRATION
PART 5.3A
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ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT
Division 16
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Notices about steps taken under Part
SECTION 450C
450C
FAILURE TO EXECUTE DEED OF COMPANY ARRANGEMENT
As soon as practicable after a company contravenes subsection 444B(2) , the deed ' s administrator must:
(a) lodge a notice that the company has failed to execute the instrument within the required period; and
(b) send such a notice to each of the company ' s creditors.
As soon as practicable after a company contravenes subsection 444B(2) , the deed ' s administrator must:
(a) lodge a notice that the company has failed to execute the instrument within the required period; and
(b) send such a notice to each of the company ' s creditors.
[ CCH Note 1: S 450C will be amended by No 69 of 2020, s 3, Sch 1[729] and [ 730], by inserting " (1) " before " As " and " with the Registrar " after " lodge " in para (a) (effective 22 June 2022 or a day or days to be fixed by Proclamation).]
[ CCH Note 2: S 450C(2) will be inserted by No 69 of 2020, s 3, Sch 1[731] (effective 22 June 2022 or a day or days to be fixed by Proclamation). S 450C(2) will read:
450C(2)
The notice must meet any requirements of the data standards.]
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