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CORPORATIONS ACT 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.9 - MISCELLANEOUS  

Division 3 - Provisions applying to various kinds of external administration  

SECTION 599  APPEALS FROM DECISIONS OF RECEIVERS ETC.  

 View history reference

599(1)  

A person aggrieved by any act, omission or decision of:


(a) a person administering a compromise, arrangement or scheme referred to in Part 5.1; or


(b) a controller, or a managing controller, of property of a corporation;

may appeal to the Court in respect of the act, omission or decision and the Court may confirm, reverse or modify the act or decision, or remedy the omission, as the case may be, and make such orders and give such directions as it thinks fit.

599(2)  

Paragraph (1)(b) does not apply to a corporation that is an Aboriginal and Torres Strait Islander corporation.

Note: Similar provision is made in relation to Aboriginal and Torres Strait Islander corporations under section 576-10 of the Corporations (Aboriginal and Torres Strait Islander) Act 2006.

[CCH Note: Regulation 10.25.02(3)(i) (which was effective 1 March 2017) provides that the amendments made by No 11 of 2016, s 3, Sch 2[194] apply in relation to external administrations on and after 1 September 2017.]


 



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