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StatuteCorporations Act 2001

Section 596A — Corporations Act 2001: Mandatory examination

Text of the provision Official document

The Court is to summon a person for examination about a corporation’s examinable affairs if: (a) an eligible applicant applies for the summons; and (b) the Court is satisfied that the person is an officer or provisional liquidator of the corporation or was such an officer or provisional liquidator during or after the 2 years ending: (i) if the corporation is under administration—on the section 513C day in relation to the administration; or (ii) if the corporation has executed a deed of company arrangement that has not yet terminated—on the section 513C day in relation to the administration that ended when the deed was executed; or (iia) if the corporation is under restructuring—on the section 513CA day in relation to the restructuring; or (iib) if the corporation has made a restructuring plan that has not yet terminated—on the section 513CA day in relation to the restructuring that ended when the plan was made; or (iii) if the corporation is being, or has been, wound up—when the winding up began; or (iv) otherwise—when the application is made. Note: This section applies to a CCIV in a modified form: see section 1237U.

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.