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StatuteCorporations Act 2001

Section 573 — Corporations Act 2001: Lodgment of copy of pooling determination etc.

Text of the provision Official document

Pooling determination (1) Within 7 days after a pooling determination comes into force in relation to a group of 2 or more companies, the liquidator or liquidators of the companies in the group must lodge a copy of the determination with ASIC. Note: A pooling determination comes into force when it is approved by the eligible unsecured creditors of each of the companies in the group—see section 578. Variation of pooling determination (2) Within 7 days after a variation of a pooling determination comes into force in relation to a group of 2 or more companies, the liquidator or liquidators of the companies in the group must lodge a copy of the variation with ASIC. Note: A variation of a pooling determination comes into force when it is approved by the eligible unsecured creditors of each of the companies in the group—see section 578.

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.