Document ID: chunk:federal_register_of_legislation:C2024C00859:clause:1_106b:p2
Version: federal_register_of_legislation:C2024C00859
Segment Type: clause
Provision Reference: sch 1 cl 106B (pt 2/2)
Character Range: 904543–905987

incidental to any such instrument or disposition and the setting aside or restraining of the instrument or disposition.
 (4AA) An application may be made to the court for an order under this section by:
 (a) a party to the proceedings; or
 (b) a creditor of a party to the proceedings if the creditor may not be able to recover his or her debt if the instrument or disposition were made; or
 (c) any other person whose interests would be affected by the making of the instrument or disposition.
 (4A) In addition to the powers the court has under this section, the court may also do any or all of the things listed in subsection 80(1) or 90SS(1).
 (5) In this section:
disposition includes:
 (a) a sale or gift; and
 (b) the issue, grant, creation, transfer or cancellation of, or a variation of the rights attaching to, an interest in a company or a trust.
interest:
 (a) in a company includes:
 (i) a share in or debenture of the company; and
 (ii) an option over a share in or debenture of the company (whether the share or debenture is issued or not); and
 (b) in a trust includes:
 (i) a beneficial interest in the trust; and
 (ii) the interest of a settlor in property subject to the trust; and
 (iii) a power of appointment under the trust; and
 (iv) a power to rescind or vary a provision of, or to rescind or vary the effect of the exercise of a power under, the trust; and
 (v) an interest that is conditional, contingent or deferred.