Document ID: chunk:federal_register_of_legislation:C2010C00237:clause:3_72
Version: federal_register_of_legislation:C2010C00237
Segment Type: clause
Provision Reference: sch 3 cl 72
Character Range: 73727–74632

72  Grounds for Court ordered winding up
Section 526‑5 of the new Act applies in relation to a transitional corporation as if:
 (a) the reference in paragraph (b) of that section to the corporation's registration were a reference to its incorporation under Part IV of the old Act; and
 (b) the reference in paragraph (j) of that section to section 439‑20 of the new Act included a reference to section 60A of the old Act; and
 (c) the reference in paragraph (k) of that section to Part 7‑3 of the new Act included a reference to:
 (i) subsections 59(2) to (9) of the old Act; and
 (ii) Division 10 or 11 of this Part.

Note: The operation of section 526‑5 of the new Act is also extended by item 6 so that the grounds in that section extend to circumstances existing before commencement.

Part 3—Matters pending under old Act immediately before commencement

Division 1—Applications for incorporation