Section 1579 — Corporations Act 2001 (Cth)

Application of Part 3 of the Insolvency Practice Schedule (Corporations)—general rules

New external administrations

(1) Part 3 of the Insolvency Practice Schedule (Corporations) applies in relation to a new external administration of a company.

Ongoing external administrations

(2) Part 3 of the Insolvency Practice Schedule (Corporations) applies in relation to an ongoing external administration of a company in accordance with this Division.

Sourced from the Federal Register of Legislation at 17 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.

Related sections

s 1576 — Application of court powers under section 45‑1 of the Insolvency Practice Schedule (Corporations)
s 1577 — Powers to deal with registration under the old Act on or after the commencement day
s 1578 — Simplified outline of this Division
s 1580 — Application of Division 60 of the Insolvency Practice Schedule (Corporations)—general rule
s 1581 — Old Act continues to apply in relation to remuneration for administrators already appointed
s 1582 — Duties of administrators relating to remuneration and other benefits

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