451D
In forceTime for doing act does not run while act prevented by this Part
Volume 2Chapter 2L, Part 2L.1 to Chapter 5, Part 5.9 sections 283AA to 600K
Chapter 5External administration
Part 5.3AAdministration of a company’s affairs with a view to executing a deed of company arrangement
Division 17Miscellaneous
451D Time for doing act does not run while act prevented by this Part
Where:
(a)
for any purpose (for example, the purposes of a law, agreement or instrument) an act must or may be done within a particular period or before a particular time; and
(b)
this Part prevents the act from being done within that period or before that time;
the period is extended, or the time is deferred, because of this section, according to how long this Part prevented the act from being done.
This Act’s bill:Explanatory memorandumSecond reading speech
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