Corporations Regulations 2001
(regulation 5.1.01 )
CHAPTER 5 - EXTERNAL ADMINISTRATION
PART 3 - PRESCRIBED INFORMATION RELATING TO PROPOSED COMPROMISE OR ARRANGEMENT WITH MEMBERS OR A CLASS OF MEMBERS SECTION 8305. 8305.If:
(a) the company the subject of the Scheme obtains a report for clause 3; and
(b) the report contains:
(i) a forecast of the profits or profitability of the company; or
(ii) a statement that the market value of an asset or assets of the company or of a related body corporate differs from an amount at which the value of the asset or assets is shown in the books of the company or the related body corporate;
that report must not accompany the statement except with the consent in writing of ASIC and in accordance with such conditions (if any) as are stated by ASIC.
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