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

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)    View history reference

Note: See section 600K.

PART 3 - GENERAL RULES RELATING TO EXTERNAL ADMINISTRATIONS  

Division 80 - Committees of inspection  

CLAUSE 80-45  REPORTING TO COMMITTEE OF INSPECTION  

80-45(1)  

The Insolvency Practice Rules may provide for and in relation to the obligations of external administrators of companies:


(a) to give information; and


(b) to provide reports; and


(c) to produce documents;

to committees of inspection.

80-45(2)  

Without limiting subsection (1), the Insolvency Practice Rules may provide for and in relation to:


(a) other circumstances in which the external administrator of a company must give information, provide a report or produce a document to a committee of inspection; and


(b) the manner and form in which information is to be given, a report provided or a document produced; and


(c) the timeframes in which information is to be given, a report provided or a document produced; and


(d) who is to bear the cost of giving information, providing a report or producing a document.

80-45(3)  

The Insolvency Practice Rules may:


(a) make different provision in relation to different classes of company or external administration of a company; and


(b) provide that specified requirements imposed under the Insolvency Practice Rules may be replaced or modified, by resolution, by:


(i) the creditors; or

(ii) the committee of inspection.

 



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