A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

CORPORATIONS ACT 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.25 - TRANSITIONAL PROVISIONS RELATING TO THE INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

Division 3 - Application of Part 3 of the Insolvency Practice Schedule (Corporations) and related consequential amendments    View history reference

Subdivision H - Review of the external administration of a company    View history reference

SECTION 1617  OLD ACT CONTINUES TO APPLY IN RELATION TO ONGOING PROCEEDINGS BEFORE A COURT - GENERAL RULE  

1617(1)  

This section applies if proceedings are brought under the old Act in a court (on application or on the initiative of the court) in relation to the external administration of a company either:


(a) before the commencement day; or


(b) on or after the commencement day (in accordance with a provision of this Division).

1617(2)  

Subject to this Part, nothing in Schedule 2 to the Insolvency Law Reform Act 2016 affects:


(a) the proceedings; or


(b) the power of the court to make orders in relation to the proceedings; or


(c) any orders made by the court in relation to the proceedings; or


(d) any enforcement in relation to, or as a result of, the proceedings (including giving effect to any court orders); or


(e) any appeal or review in relation to the proceedings.

1617(3)  

Subject to this Part, the old Act continues to apply on and after the commencement day in relation to the proceedings despite the amendments and repeals made by Schedule 2 to the Insolvency Law Reform Act 2016.

1617(4)  

In this section:

proceedings include civil and criminal proceedings, inquiries by the court, enforcement processes and any other processes.


 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page