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CORPORATIONS ACT 2001 - SECT 601VCA Acquisition of property

CORPORATIONS ACT 2001 - SECT 601VCA

Acquisition of property

  (1)   The Court must not make an order under section   601VAC if:

  (a)   the order would result in the acquisition of property from a person otherwise than on just terms; and

  (b)   the order would be invalid because of paragraph   51(xxxi) of the Constitution.

  (2)   Section   1350 does not apply in relation to the making of an order under section   601VAC.

  (3)   In this section:

"acquisition of property" has the same meaning as in paragraph   51(xxxi) of the Constitution.

"just terms" has the same meaning as in paragraph   51(xxxi) of the Constitution.

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