CORPORATIONS ACT 2001
|PART 3 - GENERAL RULES RELATING TO EXTERNAL ADMINISTRATIONS
Application of this section
This section applies if:
(a) a company is under external administration; and
(i) a former employee of the company has made a claim for financial assistance from the Commonwealth in relation to unpaid employment entitlements; or
(ii) the Commonwealth considers that such a claim is likely to be made.
Commonwealth may nominate representative for meetings
The Commonwealth is entitled to nominate a representative to attend any meeting of creditors or contributories held in relation to the external administration.