Court to take account of interests of other persons
(1) In considering whether or not to make under section 139D or 139DA a particular order relating to property in which the respondent entity has an estate, the Court shall take account of: (a) the nature and extent of any estate that any other person or entity has in the property and any hardship that the order might cause that other person or entity; and (b) the respondent entity’s current net worth and any hardship the order might cause the respondent entity’s creditors. (2) In considering whether or not to make a particular order under section 139E or 139EA, the Court shall take account of the respondent entity’s current net worth and any hardship the order might cause the entity’s creditors.
Sourced from the Federal Register of Legislation at 26 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.
Try BriefBridge free