Section 445CA — Corporations Act 2001 (Cth)

When creditors may terminate deed

The creditors are not entitled to pass a resolution under paragraph 445C(b) unless:

(a) there has been a breach of the deed; and

(b) the breach has not been rectified before the resolution is passed.

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 445A — Variation of deed by creditors
s 445B — Court may cancel variation
s 445C — When deed terminates
s 445D — When Court may terminate deed
s 445E — Creditors may terminate deed and resolve that company be wound up
s 445FA — Notice of termination of deed

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