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CORPORATIONS ACT 2001 - SECT 445C When deed terminates

CORPORATIONS ACT 2001 - SECT 445C

When deed terminates

    A deed of company arrangement terminates when:

  (a)   the Court makes under section   445D an order terminating the deed; or

  (b)   the company's creditors pass a resolution terminating the deed at a meeting; or

  (c)   if the deed specifies circumstances in which it is to terminate--those circumstances exist; or

  (d)   the administrator of the deed executes a notice of termination of the deed in accordance with section   445FA;

whichever happens first.

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