250PAA
In forceExemptions by ASIC—class orders relating to externally‑administered companies
Volume 1Chapter 1, Part 1.1 to Chapter 2J, Part 2J.4 sections 1 to 260E
Chapter 2GMeetings
Part 2G.2Meetings of members of companies
Division 8AGMs of public companies
250PAA Exemptions by ASIC—class orders relating to externally‑administered companies
(1)
ASIC may, by legislative instrument, make an order exempting any of the following from section 250N:
(a)
a specified class of companies that are being wound up;
(b)
a specified class of companies under administration;
(c)
a specified class of companies subject to deeds of company arrangement;
(d)
a specified class of companies under restructuring;
(e)
a specified class of companies subject to restructuring plans.
(2)
The order may be:
(a)
unconditional; or
(b)
subject to one or more specified conditions.
(3)
ASIC must cause a copy of the order to be published in the Gazette.
This Act’s bill:Explanatory memorandumSecond reading speech
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