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This compilation. This is a compilation of the Corporations Act 2001 as in force on 19 July 2013. Part 1.1A—Interaction between Corporations legislation and. Subject to section 490 of the Act, a company may be wound up voluntarily if the resolve as an ordinary resolution to appoint a liquidator (subsection 495(1)). compulsory acquisition power in Part 6A.2 of the Corporations Act and s667C. 469 Nellungaloo Pty Ltd v The Commonwealth & Ors (1948) 75 CLR 495, 569. Sep 15, 2016 -ACKNOWLEDGMENTS This chapter draws from Waitzer and Sarro (2014) as well as Waitzer and Sarro Canada Business Corporations Act, R.S.C. 1985, c. CORPORATIONS ACT 2001 - SECT 495. Appointment of liquidator etc. (1) The company in general meeting must appoint a liquidator or liquidators for the References to old/new corporations legislation or old/new ASIC legislation. 21. 13 (m) a reference in sections 495, 542(1), 547 and 548 to a contributory. Chapter 5 of the Corporations Act 2001 of the Commonwealth in relation to the winding up of a body Omit “directors” from section 495 (2). Insert instead Expand Part 1.1A—Interaction between Corporations legislation and State and Territory laws, Part 1.1A—Interaction between Corporations legislation and State Jul 1, 2017 -