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StatuteCorporations Act 2001

Section 1616 — Corporations Act 2001: Application of the Insolvency Practice Schedule (Corporations) provisions that conflict with old Act Court orders—general rule

Text of the provision Official document

(1) This section applies if a court makes an order in relation to a person or the external administration of a company under the old Act (the old Act order). (2) The old Act order does not cease to have effect because a provision of the old Act under which it was made has been amended or repealed by Schedule 2 to the Insolvency Law Reform Act 2016. (3) If the old Act order is inconsistent with a provision of this Act that is amended or inserted by Schedule 2 to the Insolvency Law Reform Act 2016, then, subject to this Part, the provision does not apply to the extent that it is inconsistent with the old Act order.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.