Commonwealth Consolidated Acts

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CROSS-BORDER INSOLVENCY ACT 2008 - SECT 14

Subsequent information

    In addition to the requirement in subparagraph   ( b) of Article 18 of the Model Law (as it has the force of law in Australia) that the foreign representative inform the court promptly of any other foreign proceeding that becomes known to the foreign representative, the foreign representative must inform the court promptly of:

  (a)   any proceeding under the Bankruptcy Act 1966 regarding the same debtor; and

  (b)   any appointment of a receiver (within the meaning of section   416 of the Corporations Act 2001 ), or a controller or a managing controller (both within the meaning of section   9 of that Act), in relation to the property of the same debtor; and

  (c)   any proceeding under Chapter   5 of the Corporations Act 2001 , section   601CL of that Act or Schedule   2 to that Act, regarding the same debtor;

that becomes known to the foreign representative.



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