Commonwealth Consolidated Acts

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FINANCIAL SECTOR (TRANSFER AND RESTRUCTURE) ACT 1999 - SECT 36H

Restructure instruments--coming into force

  (1)   A restructure instrument comes into force only if:

  (a)   a court makes an order under subsection   411(4) of the Corporations Act 2001 approving the restructure arrangement; and

  (b)   the arrangement (as ordered) is in accordance with the restructure approval; and

  (c)   any conditions mentioned in paragraph   36E(1)(a) to which the restructure approval is subject have been satisfied by the time the court order comes into force.

  (2)   A restructure instrument comes into force at the time the court order mentioned in subsection   (1) comes into force.



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