Section 454P — Corporations Act 2001 (Cth)

Lifting the stay on enforcing rights

(1) The Court may order that subsection 454N(1) does not apply for one or more rights against a company if the Court is satisfied that this is appropriate in the interests of justice.

(2) An application for the order may be made by the holder of those rights.

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 454L — Recovering perishable property
s 454M — Court may limit powers of receiver etc. in relation to property used by company
s 454N — Stay on enforcing rights merely because the company is under restructuring etc.
s 454Q — Order for rights to be enforceable only with leave of the Court
s 454R — Self‑executing provisions
s 454S — When other laws prevail—certain other Commonwealth Acts

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