Commonwealth Repealed Acts
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This legislation has been repealed.
CORPORATIONS LAW- SECT 447B
Orders to protect creditors during administration
- (1)
- On the application of the Commission, 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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