Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 447B

Orders to protect creditors during administration

  (1)   On the application of ASIC, the Court may make such order as it thinks necessary to protect the interests of a company's creditors while the company is under administration.

  (2)   On the application of a creditor of a company, the Court may make such order as it thinks necessary to protect the creditor's interests while the company is under administration.

  (3)   An order may be made subject to conditions.



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