Commonwealth Numbered Acts

CORPORATE LAW REFORM ACT 1992 No. 210 of 1992 - SECT 45

45. Section 424 of the Corporations Law is repealed and the following section
is substituted: Controller may apply to Court

"424.(1) A controller of property of a corporation may apply to the Court for
directions in relation to any matter arising in connection with the
performance or exercise of any of the controller's functions and powers as
controller.

"(2) In the case of a receiver of property of a corporation, subsection (1)
applies only if the receiver was appointed under a power contained in an
instrument.".