Regulations may provide for transition in other cases
446B Regulations may provide for transition in other cases
The regulations may prescribe cases where:
a company under administration; or
a company that has executed a deed of company arrangement (even if the deed has terminated);
is taken to have passed a special resolution under section 491 that the company be wound up voluntarily.
The regulations may provide for Part 5.5 or Schedule 2 to apply with prescribed modifications in cases prescribed for the purposes of subsection (1).
Without limiting subsection (2), the regulations may provide, in relation to such cases, for matters of a kind provided for by any of subsections 446A(2) to (7) and 446AA(2) to (6), inclusive.
Regulations in force for the purposes of this section have effect accordingly.
This provision refers to the regulations (The regulations may prescribe
, The regulations may provide
). Made under this Act:
- Corporations Regulations 2001 · under s 1364
115 more instruments made under this Act are listed on the Act’s overview.
This Act’s bill:Explanatory memorandumSecond reading speech
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