Body Corporate and Community Management Act 1997
sec.446Recovery of body corporate debts after expiry of ch 7, pt 3
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sec.446 Recovery of body corporate debts after expiry of ch 7, pt 3
This section applies to a body corporate after the expiry day if, but for expired section 323G, the body corporate would have been required under a regulation module to commence proceedings to recover an amount during the relevant period. The body corporate must start proceedings to recover the amount within 2 months after the expiry day. In this section— expired section 323G means section 323G as in force before the expiry day. expiry day means the COVID-19 legislation expiry day. relevant period see section 323C as in force before the expiry day. s 446 ins 2020 No. 16 s 5 amd 2020 No. 38 s 37 (1) (sec.446-ssec.1) This section applies to a body corporate after the expiry day if, but for expired section 323G, the body corporate would have been required under a regulation module to commence proceedings to recover an amount during the relevant period. (sec.446-ssec.2) The body corporate must start proceedings to recover the amount within 2 months after the expiry day. (sec.446-ssec.3) In this section— expired section 323G means section 323G as in force before the expiry day. expiry day means the COVID-19 legislation expiry day. relevant period see section 323C as in force before the expiry day.