43Power of Court to resolve difficulties

43 Power of Court to resolve difficulties

(1)  Where any difficulty arises in the application to a particular matter of this Part or in the application of a particular matter of any of the provisions of the Companies (Tasmania) Code , the Companies Act 1962 , or the Marketable Securities Act 1971 by reason of the operation of this Part, the Court may, on the application of an interested person, make such order as it thinks proper to resolve the difficulty.

(2)  An order made under subsection (1) has effect notwithstanding anything contained in this Act or in the Companies (Tasmania) Code , the Companies Act 1962 , or the Marketable Securities Act 1971 .

(3)  In subsection (1) , Court means the Supreme Court or a judge of the Supreme Court.