36H
CurrentRestructure instruments—coming into force
Part 4ARestructures
Division 3Restructure instruments
36H Restructure instruments—coming into force
(1)
A restructure instrument comes into force only if:
(a)
a court makes an order under subsection 411(4) of the Corporations Act 2001 approving the restructure arrangement; and
(b)
the arrangement (as ordered) is in accordance with the restructure approval; and
(c)
any conditions mentioned in paragraph 36E(1)(a) to which the restructure approval is subject have been satisfied by the time the court order comes into force.
(2)
A restructure instrument comes into force at the time the court order mentioned in subsection (1) comes into force.
This Act’s bill:Explanatory memorandumSecond reading speech
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