Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 1224X

  (1)   This section applies if:

  (a)   a temporary corporate director is appointed by the Court under section   1224V; and

  (b)   the temporary corporate director fails to call a members' meeting to consider and vote on a special resolution choosing a company to be the permanent corporate director within the period applicable under subsection   1224W(3).

  (2)   An application to the Court for the appointment of a temporary corporate director of the CCIV under section   1224V may be made by any of the following:

  (a)   ASIC;

  (b)   a member, or group of members, of the CCIV.