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s 344

Application of Corporations Act to person appointed

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Part 13Arrangements and reconstructions
Division 1General requirements

344 Application of Corporations Act to person appointed

A person appointed to administer a compromise or arrangement is declared to be an applied Corporations legislation matter for the purposes of the Corporations (Ancillary Provisions) Act 2001 Part 3 in relation to the Corporations Act section 536 as if —

(a)

the appointment were an appointment as a liquidator of the co‑operative; and

(b)

a reference in the section to a liquidator were a reference to that person.

[Section 344 amended: No. 7 of 2016 s. 121.]

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