CTHIn ForceAct
Insolvency Law Reform Act 2016
24Divisions 5 and 5A of Part IV
Start here
Get a plain-English read of 24
Turn the raw legal text into a practical explanation grounded in Insolvency Law Reform Act 2016.
24 Divisions 5 and 5A of Part IV
Repeal the Divisions.
25 Subsection 73(1A)
26 Subsection 73(1B)
27 Subsections 73(2) to (5)
28 Section 73A
29 Subsection 73B(4)
30 Section 73C
31 Subsection 74(5)
(1) If the proposal is accepted by a special resolution of creditors at a meeting held in accordance with the Insolvency Practice Rules, the bankruptcy is annulled, by force of this subsection, on the day the special resolution was passed.