Document ID: chunk:federal_register_of_legislation:C2007A00132:clause:1_579b
Version: federal_register_of_legislation:C2007A00132
Segment Type: clause
Provision Reference: sch 1 cl 579B
Character Range: 102944–103728

579B  Court may cancel or confirm variation

 (1) If:
 (a) a pooling determination is in force in relation to a group of 2 or more companies; and
 (b) the determination is varied; and
 (c) the variation has come into force;
either of the following persons may apply to the Court for an order cancelling the variation:
 (d) a creditor of a company in the group;
 (e) in a case where a company in the group is being wound up under a members' voluntary winding up—a member of the company, so long as the member is not a company in the group.

 (2) On an application, the Court:
 (a) may make an order cancelling the variation, or confirming it, either wholly or in part, on such conditions (if any) as the order specifies; and
 (b) may make such other orders as it thinks appropriate.