CTHRepealedAct
Corporations Act 1989
108Parts of dollar to be disregarded in determining majority in value of creditors etc.
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#### 108 Parts of dollar to be disregarded in determining majority in value of creditors etc.
In determining whether a majority in value of creditors, or a particular proportion in value of creditors, has passed a resolution or done any other act or thing, if a creditor’s debt consists of a number of whole dollars and a part of a dollar, the part of the dollar shall be disregarded.