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CORPORATIONS REGULATIONS 2001 - REG 5.6.46 Production of bill of exchange and promissory note

CORPORATIONS REGULATIONS 2001 - REG 5.6.46

Production of bill of exchange and promissory note

    If a company is, or may become, liable on:

  (a)   a bill of exchange; or

  (b)   a promissory note; or

  (c)   any other negotiable instrument or security;

it must be produced to the liquidator before a proof of debt or claim for the liability can be admitted, unless the Court otherwise orders.

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