Section 417 — Corporations Act 2001 (Cth)

(1) Except so far as the contrary intention appears in this Part or Part 11.2, this Part applies in relation to a receiver of property of a corporation who is appointed after 1 January 1991, even if the appointment arose out of a transaction entered into, or an act or thing done, before 1 January 1991.

(2) To avoid doubt, this Part does not apply, of its own force, to the property of a corporation that is an Aboriginal and Torres Strait Islander corporation.

Note 1: The definition of property in section 416 does not define that term in relation to a corporation that is an Aboriginal and Torres Strait Islander corporation.

Note 2: Section 516‑1 of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 applies this Part to a corporation that is an Aboriginal and Torres Strait Islander corporation with the modifications provided for in that section.

Related sections

• s 415FA — Self‑executing provisions
• s 415G — When other laws prevail—certain other Commonwealth Acts
• s 416 — Meaning of property and receiver
• s 418 — Persons not to act as receivers
• s 418A — Court may declare whether controller is validly acting
• s 419 — Liability of controller

Research how courts apply s 417

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.