Document ID: chunk:federal_register_of_legislation:C2025C00185:section:444ga
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 444GA
Character Range: 1587683–1588308

444GA  Transfer of shares
 (1) The administrator of a deed of company arrangement may transfer shares in the company if the administrator has obtained:
 (a) the written consent of the owner of the shares; or
 (b) the leave of the Court.
 (2) A person is not entitled to oppose an application for leave under subsection (1) unless the person is:
 (a) a member of the company; or
 (b) a creditor of the company; or
 (c) any other interested person; or
 (d) ASIC.
 (3) The Court may only give leave under subsection (1) if it is satisfied that the transfer would not unfairly prejudice the interests of members of the company.