Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW - SECT 596AH

(1)

This section applies if an employee of a company gives a notice under section 596AG in relation to a contravention of section 569AB and to an entitlement.

(2)

The employee may begin proceedings in a court under section 596AC in relation to the contravention and the entitlement if:

(a)

as at the end of 3 months after the liquidator receives the notice, he or she has not consented to the employee beginning such proceedings; and

(b)

on an application made after those 3 months, the court has given leave for the proceedings to begin.

(3)

If:

(a)

during those 3 months, the liquidator gives to the employee a written statement of the reasons why the liquidator thinks that such proceedings should not be begun; and

(b)

the employee applies for leave under paragraph (2)(b);

then:

(c)

the employee must file the statement with the court when so applying; and

(d)

in determining the application, the court is to have regard to the reasons set out in the statement.