Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW
- SECT 969

(1)

SEGC may publish, in each State and Territory, in a daily newspaper circulating generally in that State or Territory, a notice in the prescribed form specifying a day, not being earlier than 3 months after the publication of the notice, on or before which claims against SEGC may be made, being claims that, because of a dealer specified in the notice having become insolvent, this Division entitles persons to make.

(2)

Where, because of a dealer having become insolvent on a particular day, this Division entitles a person to make a claim, the claim shall be in writing and shall be served on SEGC:

(a)

if there has been published in accordance with subsection (1) a notice specifying a day on or before which claims may be made, being claims that, because of the dealer having become insolvent on that day, this Division entitles persons to make—on or before that day; or

(b)

otherwise—within 6 months after the person becomes aware of the dealer having become insolvent on that day.

(3)

A claim that is not made in accordance with subsection (2) is barred unless the Board otherwise determines.

(4)

SEGC, a member of the Board and any employee of, or person acting on behalf of, SEGC each have qualified privilege in respect of the publication of a notice under subsection (1).