Section 1582 — Corporations Act 2001 (Cth)

(1) Section 60‑20 of the Insolvency Practice Schedule (Corporations) applies in relation to an external administrator of an ongoing external administration of a company whether or not the administrator was appointed before, on or after the commencement day.

(2) However, that section does not apply in relation to arrangements made before the commencement day.

Related sections

• s 1579 — Application of Part 3 of the Insolvency Practice Schedule (Corporations)—general rules
• 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 1583 — Old Act continues to apply in relation to any right of indemnity
• s 1584 — Application of new provisions about vacancies of court‑appointed liquidator
• s 1585 — Application of new provisions about exercise of powers while company under external administration

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