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Insolvency Law Reform Act 2016
1551Definitions
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1551 Definitions
commencement day means the day on which Part 1 of Schedule 2 to the Insolvency Law Reform Act 2016 commences.
Insolvency Practice Schedule (Corporations) means Schedule 2 to this Act, and includes rules made under section 105‑1 of that Schedule.
make, in relation to an order that is a direction, includes give.
new external administration of a company means an external administration of a company that starts on or after the commencement day.
old Act means the Corporations Act 2001, as in force immediately before the commencement day and includes the old regulations.
old Act registrant has the meaning given by subsection 1553(4).
old Act registration day, in relation to a person, has the meaning given by subsection 1555(2).
old regulations means the Corporations Regulations 2001, as in force immediately before the commencement day.
ongoing external administration of a company means an external administration of a company that started before the commencement day and ends after that day.
order includes a direction.
registered: a person is registered as a liquidator, or as a liquidator of a specified body corporate, at a particular time in the circumstances set out in subsection 1552(2).
Register of Liquidators means the Register of Liquidators established and maintained under section 15‑1 of the Insolvency Practice Schedule (Corporations).
Division 2—Application of Part 2 of the Insolvency Practice Schedule (Corporations) and related consequential amendments
Subdivision A—Registering liquidators