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 1 - INTRODUCTORY  

PART 1.2 - INTERPRETATION  

Division 7 - Interpretation of other expressions  

SECTION 95A  SOLVENCY AND INSOLVENCY  

 View history reference

95A(1)  [Solvent person]  


A person is solvent if, and only if, the person is able to pay all the person's debts, as and when they become due and payable.

95A(2)  [Insolvent person]  


A person who is not solvent is insolvent.

[CCH Note: There is no section 96.]


 



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