Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CORPORATIONS ACT 2001 - SECT 1583

Old Act continues to apply in relation to any right of indemnity

  (1)   This section applies if the remuneration of an external administrator of a company is fixed under section   449E of the old Act:

  (a)   before the commencement day; or

  (b)   on or after the commencement day (in accordance with a provision of this Division).

  (2)   Despite the repeal of that section and the amendment of paragraph   443D(b) of the old Act by Schedule   2 to the Insolvency Law Reform Act 2016 , the old Act continues to apply in relation to any right of indemnity that the external administrator has as if that repeal and amendment had not happened.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback