Reconstructed Companies Act 1893

Inasmuch as it was provided by the compromise or arrangement entered into by the National Bank of Australasia that a call should be made upon the contributories of that bank payable insuch instalment or instalments and at such time or times as the Supreme Court at the time of sanctioning such compromise or arrangement should think fit, and inasmuch as it was not practicable to settle the list of contributories and to make such call within the time as fixed by the Supreme Court:

s. 17

It shall be lawful for the Supreme Court or a judge thereof in its or his discretion upon application in a summary way by the said bank or the liquidator thereof at any time or from time to time to extend the time for making such call or to alter or vary the time fixed by the court at the time of sanctioning such compromise or arrangement for making such call or for the payment of such call or any instalment or instalments thereof.

Provided always that any extension of the time for making such call or any alteration or variation of the time fixed by the said court as aforesaid shall not be made beyond the first day of April One thousand eight hundred and ninety-four, and that any extension of the time or times for the payment of such call or any instalment or instalments thereof shall not be made beyond the period of three months from the time or times fixed at the passing of this Act for the payment thereof.