The automatic extension of the statutory demand compliance period under s 459F(2)(a) is only triggered by a valid application made 'in accordance with' s 459G in all respects, not merely by filing within the 21-day period. Where a purported s 459G application is dismissed as invalid on jurisdictional grounds, the compliance period reverts to 21 days under s 459F(2)(b), and the presumption of insolvency under s 459C(2)(a) may be lost if the creditor has not commenced winding-up proceedings within three months. Creditors facing a potentially invalid s 459G application should consider commencing protective winding-up proceedings within the three-month period.
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