Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 1605

  (1)   If:

  (a)   the administrator of a company under external administration is required to convene a meeting of the company's creditors under section   439A of the old Act; and

  (b)   the convening period for the meeting as fixed by subsection   439A(5) of the old Act (or extended under subsection   (6) of that section) ends on or after the commencement day; and

  (c)   as at the commencement day, the meeting has not been convened;

then the old Act continues to apply on and after the commencement day (despite the repeal of subsections   439A(3) and (4) and section   439B by Schedule   2 to the Insolvency Law Reform Act 2016 ) in relation to the meeting.

  (2)   Despite the repeal of section   445F of the old Act and the amendment of section   445A of the old Act by Schedule   2 to the Insolvency Law Reform Act 2016 , those sections continue to apply on and after the commencement day in relation to meetings for which a notice under subsection   445F(2) is given before the commencement day.

  (3)   Despite its repeal by Schedule   2 to the Insolvency Law Reform Act 2016 , section   479 of the old Act continues to apply on and after the commencement day in relation to meetings which have been convened under subsection   479(2) or for which a direction or request is given under that subsection before the commencement day.

  (4)   Despite the amendment of subsection   496(8) of the old Act by Schedule   2 to the Insolvency Law Reform Act 2016 , that subsection continues to apply on and after the commencement day in relation to meetings convened before the commencement day as if the amendment had not been made.