Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW- SECT 438A

Administrator to investigate affairs and consider possible courses of action

As soon as practicable after the administration of a company begins, the administrator must:

(a)
investigate the company's business, property, affairs and financial circumstances; and
(b)
form an opinion about each of the following matters:
(i)
whether it would be in the interests of the company's creditors for the company to execute a deed of company arrangement;
(ii)
whether it would be in the creditors' interests for the administration to end;
(iii)
whether it would be in the creditors' interests for the company to be wound up.


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