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CORPORATIONS ACT 2001 - SECT 513C Section 513C day in relation to an administration under Part 5.3A

CORPORATIONS ACT 2001 - SECT 513C

Section 513C day in relation to an administration under Part 5.3A

    The section   513C day in relation to the administration of a company is:

  (aa)   if, immediately before the administration began, the company was under restructuring--the day on which the restructuring began; or

  (ab)   if, immediately before the administration began, a restructuring plan had been made by the company but had not yet terminated--the day on which the restructuring that ended when the plan was made began; or

  (a)   if, when the administration began, a winding up of the company was in progress--the day on which the winding up is taken because of this Division to have begun; or

  (b)   otherwise--the day on which the administration began.

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