Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW
- SECT 657E

(1)

The Panel, or the President of the Panel, may make an interim order of a kind referred to in subsection 657D(2) in relation to circumstances even if:

(a)

there is no declaration under section 657A that the circumstances are unacceptable; or

(b)

no application to the Panel for a declaration of that kind has been made.

The order must specify the period (not exceeding 2 months) for which it is to have effect.

(2)

The order ceases to have effect:

(a)

at the end of the period specified in the order; or

(b)

if, before the end of that period, proceedings for a declaration under section 657A in relation to the circumstances (and all related proceedings for an order under section 657D) are determined—when those proceedings are determined.