Document ID: chunk:federal_register_of_legislation:C2016A00011:clause:2_302
Version: federal_register_of_legislation:C2016A00011
Segment Type: clause
Provision Reference: sch 2 cl 302
Character Range: 478339–479189

302  Definitions
  In this Part:
commencement day means the day on which Part 1 of Schedule 2 to the Insolvency Law Reform Act 2016 commences.
control of the property of a corporation means:
 (a) the receivership of that property; and
 (b) the possession, or control, of that property for the purpose of enforcing a security interest;
and includes any functions or powers in connection with managing the corporation that may be performed or exercised by a receiver or other controller of that property.
Insolvency Practice Schedule (Corporations) means Schedule 2 to the Corporations Act 2001, and includes rules made under section 105‑1 of that Schedule.
old Corporations Act means the Corporations Act 2001, as in force immediately before the commencement day, and includes regulations made under that Act as in force immediately before that day.