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CORPORATIONS ACT 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.6 - WINDING UP GENERALLY  

Division 6 - Proof and ranking of claims  

Subdivision B - Computation of debts and claims  

SECTION 554  GENERAL RULE - COMPUTE AMOUNT AS AT RELEVANT DATE  

554(1)  [Computation as at relevant date]  


The amount of a debt or claim of a company (including a debt or claim that is for or includes interest) is to be computed for the purposes of the winding up as at the relevant date.

554(2)  [Exception]  


Subsection (1) does not apply to an amount admissible to proof under subsection 553(2).

 



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