Commonwealth Consolidated Regulations

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FEDERAL COURT (CORPORATIONS) RULES 2000 - RULE 17.1

Transitional provisions relating to the Federal Court (Corporations) Amendment (Insolvency Law Reform) Rules 2017

  (1)   Despite the repeal and substitution of rule   9.2 made by the Federal Court (Corporations) Amendment (Insolvency Law Reform) Rules   2017 , that rule, as in force immediately before 1   September 2017, continues to apply in relation to the remuneration of an external administrator of a company who was appointed before 1   September 2017.

  (2)   Despite the amendments of rule   9.2A made by the Federal Court (Corporations) Amendment (Insolvency Law Reform) Rules   2017 , that rule, as in force immediately before 1   September 2017, continues to apply in relation to a review of the remuneration of an external administrator who was appointed before 1   September 2017.

  (3)   Despite the amendments of rule   9.3 made by the Federal Court (Corporations) Amendment (Insolvency Law Reform) Rules   2017 , that rule, as in force immediately before 1   September 2017, continues to apply in relation to the remuneration of a provisional liquidator who was appointed before 1   September 2017.

  (4)   Despite the repeal of rule   9.4 made by the Federal Court (Corporations) Amendment (Insolvency Law Reform) Rules   2017 , that rule, as in force immediately before 1   September 2017, continues to apply in relation to the remuneration of a liquidator of a company who was appointed before 1   September 2017.

  (5)   Despite the repeal of rule   9.4A made by the Federal Court (Corporations) Amendment (Insolvency Law Reform) Rules   2017 , that rule, as in force immediately before 1   September 2017, continues to apply in relation to a review of the remuneration of a liquidator of a company who was appointed before 1   September 2017.

  (6)   Despite the repeal and substitution of rule   11.2 made by the Federal Court (Corporations) Amendment (Insolvency Law Reform) Rules   2017 , that rule, as in force immediately before 1   September 2017, continues to apply in relation to an inquiry commenced by ASIC before that date under section   536 of the old Corporations Act (including an inquiry commenced because of the extension of section   536 of the old Corporations Act by subsection   411(9) of the Corporations Act to persons appointed under the terms of a compromise or arrangement).

  (7)   In subrule (6):

"old Corporations Act" means the Corporations Act as in force immediately before 1   September 2017.

Note:   The Court may give directions if a difficulty arises, or doubt exists, in relation to the practice and procedure to be followed in a proceeding: see rule   1.8 and subsection   467(3) of the Corporations Act.


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