10Modification of Part 5.6—winding up generally

10 Modification of Part 5.6—winding up generally

10 Modification of Part 5.6—winding up generally

(1) The Corporations Act, section 513A is to be read as if the section provided that the winding up is taken to have begun or commenced on the day on which the order was made.

(2) A reference in the Corporations Act, sections 513A and 513D to section 233, 459A, 459B or 461 is to be read as a reference to the NSW Act, section 21.

(3) The Corporations Act, sections 544(1) and (2)(c) are modified by—

(a) omitting “to ASIC to be dealt with under Part 9.7” wherever occurring, and

(b) inserting instead “in accordance with the Roman Catholic Church Communities’ Lands Act 1942, sections 23 and 24”.

(4) The Corporations Act, section 544(1A) is modified by—

(a) omitting “pay it to ASIC as soon as practicable for it to be dealt with under Part 9.7”, and

(b) inserting instead “as soon as practicable, pay it in accordance with the Roman Catholic Church Communities’ Lands Act 1942, sections 23 and 24”.

(5) The Corporations Act, section 544(3) is modified by omitting “to ASIC”.

(6) A reference in the Corporations Act, sections 568A–568C to lodging a notice of disclaimer is to be read as a reference to filing a notice of disclaimer with the Court.