Australian Capital Territory Numbered Regulations

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TRADERS (LICENSING) REGULATION 2017 (NO 21 OF 2017) - REG 6

Meaning of insolvent—pt 3

In this part:

"insolvent"—a corporation is taken to be "insolvent" if the corporation—

        (a)     has had a receiver or other controller appointed; or

        (b)     has entered into a deed of company arrangement with the corporation's creditors; or

        (c)     is otherwise under external administration under the Corporations Act

, chapter 5.



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