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 8 - Pooling  

Subdivision B - Pooling orders  

SECTION 579F   VARIATION OF POOLING ORDERS  

579F(1)    
The Court may, by order, vary a pooling order if the Court is of the opinion that it is just and equitable to do so.

579F(2)    
A pooling order may only be varied on the application of:

(a)    the liquidator of a company in the group; or

(b)    a creditor of a company in the group; or

(c)    in a case where a company in the group is being wound up under a members ' voluntary winding up - a member of the company, so long as the member is not a company in the group.

Lodgment of order

579F(3)    
An order under subsection (1) must be lodged with ASIC.



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.