Meaning of control action under the Corporations Act

In force

For this Act, a person is affected by control action under the Corporations Act if—

(a)

the person has executed a deed of company arrangement under that Act; or

(b)

the person is the subject of a winding-up (whether voluntarily or under a court order) under that Act; or

(c)

the person is the subject of an appointment of an administrator or liquidator under that Act; or

(d)

there is, under that Act, a controller for property of the person.

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