Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW- SECT 444C

(1)

Where, at a meeting convened under section 439A, a company's creditors resolve that the company execute a deed of company arrangement, this section applies until:

(a)

the deed is executed by both the company and the deed's administrator; or

(b)

the period within which subsection 444B(2) requires the company to execute the deed ends;

whichever happens sooner.

(2)

In so far as a person would be bound by the deed if it had already been so executed, the person:

(a)

must not do anything inconsistent with the deed, except with the leave of the Court; and

(b)

is subject to section 444E.