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CORPORATIONS ACT 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.8A - EMPLOYEE ENTITLEMENTS  

SECTION 596AI  EVENTS PREVENTING EMPLOYEE FROM SUING  

596AI(1)  [Events]  


An employee of a company that is being wound up cannot begin proceedings under section 596AC in relation to a contravention in relation to an entitlement of the employee if:


(a) the company's liquidator has applied under section 588FF in relation to a transaction that constituted, or was part of, the contravention; or


(b) the company's liquidator has begun proceedings under section 596AC in relation to the contravention; or


(c) the company's liquidator has begun proceedings under section 588M in relation to the incurring of the debt that is linked to the contravention; or


(d) the company's liquidator has intervened in an application for a civil penalty order against a person in relation to a contravention of section 588G in relation to the incurring of the debt that is linked to the contravention.

596AI(2)  [Paramountcy]  


Subsection (1) has effect despite sections 596AF and 596AH.

 



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