THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW

THE CORPORATIONS LAW   82 

The Corporations Law is as follows:...

CHAPTER 6 - TAKEOVERS

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History

Chapter 6 substituted by No 156 of 1999, Sch 1 (effective 13 March 2000).

PART 6.10 - REVIEW AND INTERVENTION

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History

Part 6.10 substituted by No 156 of 1999, Sch 1 (effective 13 March 2000).

Division 2 - The Corporations and Securities Panel

Subdivision C - General provisions

SECTION 658A   POWER OF PANEL WHERE A PROCEEDING IS FRIVOLOUS OR VEXATIOUS  

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658A(1)  (Frivolous or vexatious applications)  

If an application is made to the Panel under this Division, the Panel may, at any stage of the proceeding, if it is satisfied that the application is frivolous or vexatious:

(a)  dismiss the application; or

(b)  if the Panel considers it appropriate, on the application of a party to the proceedings, direct that the person who made the application must not, without leave of the Panel, make a subsequent application to the Panel of a kind or kinds specified in the direction.

658A(2)  [Effect of direction]  

A direction given by the Panel under paragraph (1)(b) has effect despite any other provision of this Act or a provision of any other Act.

658A(3)  [Power to revoke or vary]  

The Panel may revoke or vary the direction.

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History

S 658A inserted by No 156 of 1999, Sch 1 (effective 13 March 2000).

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