62Application of provisions of Corporations Act relating to compositions with creditors

#### 62 Application of provisions of Corporations Act relating to compositions with creditors Subject to this Act, the provisions of the Corporations Act 2001 that relate to compromises or arrangements between companies and their creditors apply, so far as they are capable of application and subject to such modifications, adaptations and exceptions (if any) as are prescribed, to and in relation to Incorporated Aboriginal Associations and, in the application of those provisions: (a) a reference to a company shall be read as a reference to an Incorporated Aboriginal Association; (aa) a reference to the Commission shall be read as a reference to the Registrar of Aboriginal Corporations; (b) a reference to the directors of a company shall be read as a reference to the members of the Governing Committee of an Incorporated Aboriginal Association; and (c) a reference to the Court shall be read as a reference to the Federal Court of Australia.