Document ID: chunk:federal_register_of_legislation:C2007A00132:clause:1_250paa
Version: federal_register_of_legislation:C2007A00132
Segment Type: clause
Provision Reference: sch 1 cl 250PAA
Character Range: 55179–55741

250PAA  Exemptions by ASIC—class orders relating to externally‑administered companies

 (1) ASIC may, by legislative instrument, make an order exempting any of the following from section 250N:
 (a) a specified class of companies that are being wound up;
 (b) a specified class of companies under administration;
 (c) a specified class of companies subject to deeds of company arrangement.

 (2) The order may be:
 (a) unconditional; or
 (b) subject to one or more specified conditions.

 (3) ASIC must cause a copy of the order to be published in the Gazette.