Cross Border Insolvency Pdf Download

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Cross Border Insolvency Pdf Download

 

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12,,,Access,,,of,,,foreign,,,creditors,,,to,,,Australian,,,insolvency,,,proceedings,,,,,,(1),,,For,,,the,,,purposes,,,of,,,Article,,,13,,,of,,,the,,,Model,,,Law,,,(as,,,it,,,has,,,the,,,force,,,of,,,law,,,in,,,Australia),,,,the,,,alternative,,,wording,,,set,,,out,,,in,,,footnote,,,2,,,to,,,the,,,Model,,,Law,,,replaces,,,paragraph6,,,of,,,that,,,Article.,,,=,,,Number(s),,,,,,commenced,,,or,,,to,,,be,,,commenced,,,,,,Endnote,,,3Legislation,,,history,,,,,,Act,,,Number,,,and,,,year,,,Assent,,,Commencement,,,Application,,,,saving,,,and,,,transitional,,,provisions,,,CrossBorder,,,Insolvency,,,Act,,,2008,,,24,,,,2008,,,26May,,,2008,,,ss,,,523,,,and,,,Sch6:,,,1July,,,2008,,,(see,,,F2008L02165),,,Remainder:,,,Royal,,,Assent,,,,,,,,,Statute,,,Law,,,Revision,,,Act,,,2010,,,8,,,,2010,,,1,,,Mar,,,2010,,,Sch6,,,(item32):,,,Royal,,,Assent,,,,,,,,,Acts,,,Interpretation,,,Amendment,,,Act,,,2011,,,46,,,,2011,,,27June,,,2011,,,Sch6,,,(item467),,,and,,,Sch6,,,(items10,,,,11):,,,27Dec,,,2011,,,Sch,,,3,,,(items10,,,,11),,,,,,Acts,,,and,,,Instruments,,,(Framework,,,Reform),,,(Consequential,,,Provisions),,,Act,,,2015,,,126,,,,2015,,,10,,,Sept,,,2015,,,Sch,,,1,,,(item159):,,,5,,,Mar,,,2016,,,(s,,,2(1),,,item2),,,,,,,,,Insolvency,,,Law,,,Reform,,,Act,,,2016,,,11,,,,2016,,,29,,,Feb,,,2016,,,Sch,,,2,,,(items268273):,,,awaiting,,,commencement,,,(s,,,2(1),,,item5),,,,,,,,,Territories,,,Legislation,,,Amendment,,,Act,,,2016,,,33,,,,2016,,,23,,,Mar,,,2016,,,Sch,,,5,,,(items3032):,,,1July,,,2016,,,(s,,,2(1),,,item7),,,,,,,,,,,,,,,Endnote,,,4Amendment,,,history,,,,,,Provision,,,affected,,,How,,,affected,,,Part1,,,,,,s,,,4.,,,In,,,matters,,,referred,,,to,,,in,,,article,,,1,,,,the,,,court,,,shall,,,cooperate,,,to,,,the,,,maximum,,,extent,,,possible,,,with,,,foreign,,,courts,,,or,,,foreign,,,representatives,,,,either,,,directly,,,or,,,through,,,a,,,[insert,,,the,,,title,,,of,,,a,,,person,,,or,,,body,,,administering,,,a,,,reorganization,,,or,,,liquidation,,,under,,,the,,,law,,,of,,,the,,,enacting,,,State].,,,If,,,the,,,decision,,,or,,,certificate,,,referred,,,to,,,in,,,paragraph6,,,of,,,article,,,15,,,indicates,,,that,,,the,,,foreign,,,proceeding,,,is,,,a,,,proceeding,,,within,,,the,,,meaning,,,of,,,subparagraph(a),,,of,,,article,,,2,,,and,,,that,,,the,,,foreign,,,representative,,,is,,,a,,,person,,,or,,,body,,,within,,,the,,,meaning,,,of,,,subparagraph(d),,,of,,,article,,,2,,,,the,,,court,,,is,,,entitled,,,to,,,so,,,presume.,,,This,,,is,,,the,,,second,,,report,,,dealing,,,with,,,such,,,issues.,,,Selfrepealing,,provisions,,If,,a,,provision,,of,,the,,compiled,,law,,has,,been,,repealed,,in,,accordance,,with,,a,,provision,,of,,the,,law,,,details,,are,,included,,in,,the,,endnotes.,,