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s 62ZOW

Moratorium—effect of Insurance Act statutory management on annual general meeting

In force
Part VBJudicial management, statutory management, other external administration and winding up
Division 1AStatutory management of general insurers
Subdivision BProvisions dealing with control of a body corporate’s business by an Insurance Act statutory manager

62ZOW Moratorium—effect of Insurance Act statutory management on annual general meeting

(1)

This section applies to a body corporate that is required under section 250N or section 601BR of the Corporations Act 2001 to hold an annual general meeting within a particular period.

(2)

Despite section 250N and section 601BR of that Act, if an Insurance Act statutory manager is in control of the body corporate’s business at the end of that period, the body corporate need not hold that annual general meeting.

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