Section 1602 — Corporations Act 2001: External administrator must convene meetings in certain circumstances

Application of the Insolvency Practice Schedule (Corporations) (1) Section 75-15 of the Insolvency Practice Schedule (Corporations) does not apply in relation to: (a) directions given before the commencement day; or (b) resolutions passed before the commencement day. Old Act continues to apply in relation to resolutions for voluntary winding up passed before commencement day (2) Despite their repeal by Schedule 2 to the Insolvency Law Reform Act 2016: (a) sections 497 and 498 of the old Act continue to apply on and after the commencement day in relation to a resolution for voluntary winding up that is passed before the commencement day; and (b) subsection 477(4) of the old Act continues to apply on and after the commencement day if a meeting of creditors has not been held under section 497 of the old Act in relation to a voluntary winding up a resolution for which is passed before the commencement day.