Supreme Court (Chapter v Amendment No. 2) Rules 2001 (Vic)

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Supreme Court (Chapter V Amendment No. 2)

Rules 2001

S.R. No. 27/2001

TABLE OF PROVISIONS

Rule Page
1. Object 1
2. Authorising provisions 1
3. Commencement 1
4. Principal Rules 1
5. References to ASIC Law 2
6. Notice of certain applications to be given to Commission 2
7. Leave to creditor, contributory or officer to be heard 3
8. Application of Order 5 4
9. Appointment of provisional liquidator 4
10. Remuneration of receiver 4
11. Remuneration of administrator 5
12. Remuneration of provisional liquidator 5
13. Remuneration of liquidator 6
14. Remuneration of special manager 6
15. Application for examination or investigation 7
16. Application for examination summons 7
17. Service on Commission in relation to certain proceedings 7

12.1 Service on Commission in relation to proceedings under Chapter 6, 6A, 6B, 6C, 6D or 7 of the Law

7

18. Appeals from Orders of Masters 7
19. New Order 16A inserted 7
ORDER 16A—PROCEEDINGS UNDER THE FEDERAL
COURTS (STATE JURISDICTION) ACT 1999 7
16A.1 Form for initiating proceeding 7
20. Amendment of Form 2 8
21. Amendment of Form 3 9
22. Amendment of Form 17 9

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ENDNOTES 11

i

STATUTORY RULES 2001

S.R. No. 27/2001

Supreme Court Act 1986

Corporations (Victoria) Act 1990

Supreme Court (Chapter V Amendment No. 2)

Rules 2001

The Judges of the Supreme Court make the following Rules:

1. Object

The object of these Rules is to make
miscellaneous amendments to the Supreme Court

(Corporations Law) Rules 1999.

2. Authorising provisions

These Rules are made under section 25 of the enabling powers.

Supreme Court Act 1986, section 51 of the

3. Commencement

(1) These Rules, except Rule 5(4), come into

operation on 1 April 2001.

(2) Rule 5(4) comes into operation on the day on

which Schedule 1 to the Financial Sector operation.

4. Principal Rules

In these Rules, the Supreme Court (Corporations Law) Rules 19991 are called the Principal Rules.

Supreme Court (Chapter V Amendment No. 2) Rules 2001

S.R. No. 27/2001 r. 5

5. References to ASIC Law

(1) In Rules 1.3(1), 1.3(2), 1.3(3), 1.8(a), 1.10,

2.2(3)(b)(i), 2.2(4)(b)(i), 15.1, 15.2 and 15.3 of the Principal Rules, for "ASC Law" substitute "ASIC Law".

(2) In Rule 1.5 of the Principal Rules—

(a)

after the definition of "applicant" insert— ' "ASIC Law" means ASC Law within the

meaning of the Corporations

(Victoria) Act 1990;';

(b)

in the definitions of "defendant" and "plaintiff", for "ASC Law" substitute "ASIC Law".

(3) In Schedule 2 to the Principal Rules, in column 1,

for "ASC LAW" substitute "ASIC LAW".

(4) In Rule 1.5 of the Principal Rules, the definition of "ASIC Law" is revoked.

6.  Notice of certain applications to be given to Commission

In Rule 2.8 of the Principal Rules, for sub-rule (3)
substitute—

"(3) Unless the Court otherwise orders, if a

person makes an application under a
provision of the Law mentioned in column 2
of the item of the following Table, the
person must serve on the Commission, a
reasonable time before the hearing of the
application, a copy of the originating
process, or interlocutory process, and
supporting affidavit in respect of the
application.

Supreme Court (Chapter V Amendment No. 2) Rules 2001

r. 6 S.R. No. 27/2001

TABLE

Column 1 Column 2 Column 3
Description of
Item Provision application
1. Section 480 For the release of a
liquidator of a
company and the
deregistration of the
company
2. Sub-section For the stay of a

482(1)

compulsory winding up

3. Sub-section For the
509(6) deregistration of a
company
4. Sub-section For an inquiry into
536(1) the conduct of a
liquidator
5. Sub-section To reinstate the
601AH(2) registration of a
company
6. Sub-section To restore the name
601CC(8) of an Australian
body to the register
7. Sub-section To restore the name
601CL(9) of a foreign
company to the
register
8. Chapter 6, Any application
6A, 6B, 6C, under these
6D or 7 Chapters
9. Sub-sections For relief from
1317S(2), liability for
(4) and (5) contravention of a
civil penalty
provision".

7. Leave to creditor, contributory or officer to be heard

Supreme Court (Chapter V Amendment No. 2) Rules 2001

S.R. No. 27/2001

(1) In Rule 2.13(1)(b) of the Principal Rules, for

"corporation—" substitute "corporation; or".

(2) After Rule 2.13(1)(b) of the Principal Rules

insert—

"(c) any other interested person—".

8. Application of Order 5

In Rule 5.1 of the Principal Rules, for
paragraph (a) substitute—

"(a) an application for an order under Part 2F.1 of

the Law;".

9. Appointment of provisional liquidator

In Rule 6.1 of the Principal Rules, for sub-rule (3)
substitute—

"(3) If—

(a) an order is made appointing a provisional liquidator; and
(b) the order provides that the provisional liquidator may take into the provisional liquidator's custody part only of the property of the company—

the order must include a short description of the part of the property of the company that the provisional liquidator may take into

custody.".

10. Remuneration of receiver

(1) In Rule 9.1(1) of the Principal Rules, in the Note

at the foot of the Rule, after "receiver" (where first
occurring) insert "appointed under an

instrument".

(2) In Rule 9.1(6) of the Principal Rules, for

paragraph (d) substitute—

Supreme Court (Chapter V Amendment No. 2) Rules 2001

r. 11 S.R. No. 27/2001

"(d) state particulars of any objection of which

the receiver has received notice; and

(e)

if the receivership is continuing, give details of any matters delaying the completion of the receivership.".

11. Remuneration of administrator

(1) In Rule 9.2 of the Principal Rules, for sub-rule (2)

substitute—

"(2) The administrator must not apply for the

order until after the date of the meeting of
creditors mentioned in paragraph 449E(1)(a)

of the Law.".

(2) In Rule 9.2(3)(b) of the Principal Rules, for

"inspection" substitute "creditors".

(3) In Rule 9.2(7) of the Principal Rules, for

paragraph (d) substitute—

"(d) state particulars of any objection of which

the administrator has received notice; and

(e)

if the administration is continuing, give details of any matters delaying the completion of the administration.".

12. Remuneration of provisional liquidator

(1) In Rule 9.3(3)(b) of the Principal Rules, for

"inspection" (where twice occurring) substitute

"creditors".

(2) In Rule 9.3(7) of the Principal Rules, for

paragraph (d) substitute—

"(d) state particulars of any objection of which

the provisional liquidator has received

notice; and

(e)

if the winding up proceeding has not been determined, give details of—

Supreme Court (Chapter V Amendment No. 2) Rules 2001

S.R. No. 27/2001 r. 13
(i)

liquidator why the winding up

any reasons known to the provisional and

(ii)

liquidator's remuneration should be

any reasons why the provisional the winding up proceeding.".

13. Remuneration of liquidator

(1) In Rule 9.4(2)(b) of the Principal Rules omit "the end of 28 days after".

(2) In Rule 9.4(3)(b) of the Principal Rules, for

"inspection" substitute "creditors".

(3) In Rule 9.4(7) of the Principal Rules, for

paragraph (d) substitute—

"(d) state particulars of any objection of which

the liquidator has received notice; and

(e)

if the winding up is continuing, give details of any matters delaying the completion of the winding up.".

14. Remuneration of special manager

(1) In Rule 9.5(3)(b) of the Principal Rules, for

"inspection" (where twice occurring) substitute

"creditors".

(2) In Rule 9.5(7) of the Principal Rules, for

paragraph (d) substitute—

"(d) state particulars of any objection of which

the special manager has received notice; and

(e)

if the special management is continuing, give details of any matters delaying the completion of the special management.".

Supreme Court (Chapter V Amendment No. 2) Rules 2001

r. 15 S.R. No. 27/2001

15. Application for examination or investigation

In Rule 11.2(1) and (3) of the Principal Rules, for
"section 411 or 423" substitute "paragraph

411(9)(b), section 423".

16. Application for examination summons

In Rule 11.3(8) of the Principal Rules, for "is to be" substitute "must be".

17.  Service on Commission in relation to certain proceedings

For Rule 12.1 of the Principal Rules substitute—

"12.1 Service on Commission in relation to

proceedings under Chapter 6, 6A, 6B, 6C,
6D or 7 of the Law

If the Commission is not a party to an application made under Chapter 6, 6A, 6B, 6C, 6D or 7 of the Law, the plaintiff must serve a copy of the originating process and the supporting affidavit on the Commission as soon as practicable after filing the originating process.".

18. Appeals from Orders of Masters

In Rule 16.5 of the Principal Rules, for

"paragraphs" substitute "sub-rules".

19. New Order 16A inserted

After Order 16 of the Principal Rules insert—

"ORDER 16A—PROCEEDINGS UNDER THE FEDERAL COURTS (STATE JURISDICTION)

ACT 1999

16A.1 Form for initiating proceeding

(1) Subject to sub-rule (2) and any direction of

the Court, a proceeding for relief under
section 7, 10 or 11 of the Federal Courts

Supreme Court (Chapter V Amendment No. 2) Rules 2001

S.R. No. 27/2001 r. 20

(State Jurisdiction) Act 1999 must be

initiated by filing an originating process.

(2) If—

(a) in a proceeding, the Federal Court of Australia has made an order for the winding up of a company; and
(b)

within the meaning of the Federal

the order is an ineffective judgment 1999—

an application under the Federal Courts
(State Jurisdiction) Act 1999 in relation to
the winding up of the company may be made
by filing an interlocutory process.

(3) An interlocutory process filed under sub-

rule (2) must state the proceeding number of
the Federal Court proceeding.".

20. Amendment of Form 2

In Schedule 1 to the Principal Rules, in Form 2—

(a) in Part A—

(i) for "ASC" substitute "ASIC"; (ii) at the end of the Part insert—

"This application will be heard by at [address of Court] at *am/*pm on [insert date].";

(b) in Part B—

(i) omit—

"This application will be heard by at [address of Court] at *am/*pm on";

(ii)  for "at that time" substitute "at the time shown above".

Supreme Court (Chapter V Amendment No. 2) Rules 2001

r. 21 S.R. No. 27/2001

21. Amendment of Form 3

In Schedule 1 to the Principal Rules, in Form 3—

(a) in Part A—

(i) for "ASC" substitute "ASIC";

(ii)  at the end of the Part insert—

"This interlocutory application will be heard by

at [address of Court] at

*am/*pm on [insert date].";

(b) in Part B—

(i)  omit—

"This interlocutory application will be heard by

at [address of Court] at

*am/*pm on";

(ii)  for "at that time" substitute "at the time shown above".

22. Amendment of Form 17

In Schedule 1 to the Principal Rules, in Form

17—

(a) in the Heading to the Form, omit "PUBLIC";
(b) in Part B, before "* Omit if not applicable." insert—

"This summons is issued at the request of [name] whose address for service is [address of person's legal practitioner or of person].".

Dated: 29 March 2001

J. H. PHILLIPS, C.J. JOHN WINNEKE, P. ROBERT BROOKING, J.A.

R. C. TADGELL, J.A.
W. F. ORMISTON, J.A.

Supreme Court (Chapter V Amendment No. 2) Rules 2001

S.R. No. 27/2001 r. 22

JOHN D. PHILLIPS, J.A. F. H. CALLAWAY, J.A. J. M. BATT, J.A.

PETER BUCHANAN, J.A.
ALEX CHERNOV, J.A.
ALLAN W. McDONALD, J.
T. H. SMITH, J.
DAVID ASHLEY, J.
JOHN J. HEDIGAN, J.
JOHN COLDREY, J.
DAVID BYRNE, J.
G. M. EAMES, J.
H. R. HANSEN, J.
PHILIP MANDIE, J.
E. W. GILLARD, J.
MURRAY B. KELLAM, J.
M. L. WARREN, J.

BERNARD D. BONGIORNO, J.

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Supreme Court (Chapter V Amendment No. 2) Rules 2001

Endnotes S. R. No. 27/2001
ENDNOTES

1 Rule 4: S.R. No. 134/1999 as amended by S.R. No. 121/2000.

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