Document ID: chunk:federal_register_of_legislation:C2025C00185:section:250paa
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 250PAA
Character Range: 787523–788206

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;
 (d) a specified class of companies under restructuring;
 (e) a specified class of companies subject to restructuring plans.
 (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.