Corporations Act 2001

If:

a pooling determination is in force in relation to a group of 2 or more companies; and

the determination is varied; and

the variation has come into force;

a creditor of a company in the group;

in a case where a company in the group is being wound up under a members’ voluntary winding up—a member of the company, so long as the member is not a company in the group.

On an application, the Court:

may make an order cancelling the variation, or confirming it, either wholly or in part, on such conditions (if any) as the order specifies; and

may make such other orders as it thinks appropriate.

If the Court makes an order under subsection (2), the applicant for the order must:

lodge with ASIC a notice setting out the text of the order; and

do so within 2 business days after the making of the order.