Commonwealth Repealed Acts
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This legislation has been repealed.
CORPORATIONS LAW- SECT 588R
Creditor may sue for compensation with liquidator's consent
- (1)
- A creditor of a company that is being wound up
may, with the written consent of the company's liquidator, begin proceedings
under section 588M in relation to the incurring by the company of a debt that
is owed to the creditor.
- (2)
- Subsection (1) has effect despite section 588T, but subject to
section 588U.
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