In the Matter of Deeral Aboriginal & Torres Strait Islanders Corporation (Subject to Deed of Company Arrangement) & The Application of Ian David Jessup, Deed Administrator of Deeral Aboriginal and Torres Strait Islanders Corporation (Subject to Deed of Company Arrangement) [1996] FCA 865

CATCHWORDS CORPORATIONS LAW - whether Part 5.3A of the Corporations Law is incorporated in Aboriginal Councils and Associations Act 1976 - validity of appointment of a voluntary administrator - validity of subsequent Deed of Company Arrangement INTERPRETATION - meaning of "compromise or arrangement" in s 62 Aboriginal Councils and Associations Act 1976 - which parts of Corporations Law does s 62 refer to Aboriginal Councils and Associations Act 1976 (Cth) ss 62, 51, 63, 64, 5, 59, 60, 60A, 61, 61A, 71 Corporations Law ss 436A(1), 447C, 435C(2), 436A(1), 436B(1), 436C(1), 436E(1), 436F, 437A, 437D, 439C, 411, 414 Acts Interpretation Act (1901) Cth s10A Re International Harvester Co of Australia Pty Ltd (1953) VLR 669 Refd Gurney v Grimmer (1932) 38 Com Cas 7 Cons In the Matter of Deeral Aboriginal and Torres Strait Islanders Corporation (Subject to Deed of Company Arrangement) and The Application of Ian David Jessup, Deed Administrator of Deeral Aboriginal and Torres Strait Islanders Corporation (Subject to Deed of Company Arrangement) No QG 3013 of 1996 Kiefel J Brisbane 30 September 1996

IN THE FEDERAL COURT OF AUSTRALIA QUEENSLAND DISTRICT REGISTRY GENERAL DIVISION No QG 3013 of 1996 IN THE MATTER OF: DEERAL ABORIGINAL AND TORRES STRAIT ISLANDERS CORPORATION (SUBJECT TO DEED OF COMPANY ARRANGEMENT) THE APPLICATION OF: IAN DAVID JESSUP DEED ADMINISTRATOR OF DEERAL ABORIGINAL AND TORRES STRAIT ISLANDERS CORPORATION (SUBJECT TO DEED OF COMPANY ARRANGEMENT)

JUDGE MAKING ORDER: Kiefel J DATE OF ORDER: 30 September 1996 WHERE MADE: Brisbane MINUTES OF ORDERS THE COURT ORDERS THAT: 1. The appointment of the applicant as the voluntary administrator of Deeral Aboriginal and Torres Strait Islanders Corporation is declared valid. 2. The Deed of Company Arrangement executed on 22 May 1996 by the Deeral Aboriginal and Torres Strait Islanders Corporation and the applicant pursuant to a resolution of corporations' creditors on 1 May 1996 is declared valid. Note: Settlement and Entry of Orders is dealt with in Order 36 of the Federal Court Rules.