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CORPORATIONS ACT 2001 - SECT 424 Controller may apply to Court

CORPORATIONS ACT 2001 - SECT 424

Controller may apply to Court

  (1)   A controller of property of a corporation may apply to the Court for directions in relation to any matter arising in connection with the performance or exercise of any of the controller's functions and powers as controller.

  (2)   In the case of a receiver of property of a corporation, subsection   (1) applies only if the receiver was appointed under a power contained in an instrument.

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