Lodgment of copy of pooling determination etc
573 Lodgment of copy of pooling determination etc
Pooling determination
Within 7 days after a pooling determination comes into force in relation to a group of 2 or more companies, the liquidator or liquidators of the companies in the group must lodge a copy of the determination with ASIC.
A pooling determination comes into force when it is approved by the eligible unsecured creditors of each of the companies in the group—see section 578.
Variation of pooling determination
Within 7 days after a variation of a pooling determination comes into force in relation to a group of 2 or more companies, the liquidator or liquidators of the companies in the group must lodge a copy of the variation with ASIC.
A variation of a pooling determination comes into force when it is approved by the eligible unsecured creditors of each of the companies in the group—see section 578.
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