Document ID: chunk:federal_register_of_legislation:C2004A04501:body:0:p9
Version: federal_register_of_legislation:C2004A04501
Segment Type: other
Provision Reference: 
Character Range: 58337–65967

588S.                                                                                       Creditor may give liquidator notice of intention to sue for compensation
           588T.                                                                                       When creditor may sue for compensation without liquidator's consent
           588U.                                                                                       Events preventing creditor from suing
         Division 5—Liability of holding company for insolvent trading by subsidiary
           588V.                                                                                       When holding company liable
           588W.                                                                                       Recovery of compensation for loss resulting from insolvent trading
           588X.                                                                                       Defences
         Division 6—Application of compensation under Division 4 or 5
           588Y.                                                                                       Application of amount paid as compensation
         Division 7—Person managing company while disqualified may become liable for company's debts
           588Z.                                                                                       Court may make order imposing liability
 112.     Interpretation and application
 113.     Offences by officers of certain companies
 114.     Incurring of certain debts; fraudulent conduct
 115.     Inducement to be appointed liquidator etc. of company
 116.     Insertion of heading and new sections:
         Division 1—Examining a person about a corporation
           596A.                                                                                       Mandatory examination
           596B.                                                                                       Discretionary examination
           596C.                                                                                       Affidavit in support of application under section 596B
           596D.                                                                                       Content of summons
           596E.                                                                                       Notice of examination
           596F.                                                                                       Court may give directions about examination
 117.     Conduct of examination
 118.     Insertion of new sections and heading:
           597A.                                                                                       When Court is to require affidavit about corporation's examinable affairs
           597B.                                                                                       Costs of unnecessary examination or affidavit

TABLE OF PROVISIONS—continued

Section
                                                           Division 2—Orders against a person in relation to a corporation
 119.                                                       Order against person concerned with corporation
 120.                                                       Insertion of new Division and heading:
                                                           Division 3—Provisions applying to various kinds of external administration
                                                             600A.                                                                                Powers of Court where outcome of voting at creditors' meeting determined by related entity
                                                             600B.                                                                                Review by Court of resolution of creditors passed on casting vote of chairperson of meeting
                                                             600C.                                                                                Court's powers where proposed resolution of creditors lost on casting vote of chairperson of meeting
                                                             600D.                                                                                Interim order on application under section 600A, 600B or 600C
                                                             600E.                                                                                Order under section 600A or 600B does not affect act already done pursuant to resolution
                                                             600F.                                                                                Limitation on right of suppliers of essential services to insist on payment as condition of supply
                                                           Division 4—Transitional
 121.                                                       Insertion of new section:
                                                             1091A.                                                                               Rights of trustee of estate of bankrupt shareholder
 122.                                                      Schedule 3
 123.                                                       Consequential amendments of the Corporations Law
                                                           Division 2—Consequential amendment of the Australian Securities Commission Act 1989
 124.                                                       Interpretation
                                                           Division 3—Consequential amendments of other Acts
 125.                                                      Schedule 2
PART 5—IMPLEMENTING THE CLEARING HOUSE SUBREGISTER SYSTEM

 126.                                                      Dictionary
 127.                                                       Application not to be granted unless applications also made under corresponding laws
 128.                                                       Insertion of new Part:
                                                           PART 7.2A—THE SECURITIES CLEARING HOUSE
                                                             779A.                                                                                Interpretation
                                                             779B.                                                                                Approval of securities clearing house
                                                             779C.                                                                                Commission to be notified of amendments of business rules
                                                             779D.                                                                                Securities clearing house to assist Commission
                                                             779E.                                                                                Securities clearing house to notify Commission of disciplinary action
                                                             779F.                                                                                Issuers of quoted securities and quoted rights to comply with SCH business rules
                                                             779G.                                                                                Power of Court