Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW- SECT 588AA

(1)

This section has effect for the purposes of:

(a)

the administration of a recognised company; or

(b)

a deed of company arrangement executed by a recognised company;

in so far as those purposes concern this jurisdiction.

(2)

Part 5.3A applies in relation to the recognised company in the same way, as nearly as practicable, as it applies in relation to a company.

(3)

Without limiting subsection (2), the administrator of the recognised company, or of the deed, as the case may be, may perform or exercise any function or power under Part 5.3A of a kind that an administrator of a company, or of a deed of company arrangement executed by a company, may perform or exercise under that Part.