Federal Court of Australia
FEDERAL COURT OF AUSTRALIA CORPORATIONS - companies - director convicted of offence - application for leave to be involved in management of a corporation - whether s.229 of the Corporations Law confers a power to make a general order permitting applicant to be involved in the management of corporations not specifically identified - whether power should be exercised Corporations Law s.229 Re: Magna Alloys and Research Pty Ltd (1975) 1 ACLR 203, applied Re: Marsden (1981) 29 SASR 454, applied Re: Schneider (1997) 15 ACLC 90, discussed Matter No: SG 3031 of 1997 MICHAEL JEFFREY HARRISON VON DOUSSA J ADELAIDE 6 MARCH 1998
IN THE FEDERAL COURT OF AUSTRALIA
SOUTH AUSTRALIA DISTRICT REGISTRY SG 3031 of 1997
BETWEEN: MICHAEL JEFFREY HARRISON
Applicant
JUDGE: VON DOUSSA J
DATE OF ORDER: 6 MARCH 1998
WHERE MADE: ADELAIDE
THE COURT ORDERS THAT: 1. Leave to the applicant pursuant to s.229(3) of the Corporations Law to be involved in the management of Winning Sales Systems Pty Ltd ("the company") subject to the condition that he enter into a deed of indemnity between himself and the company whereby he agrees upon demand either of the company or its successors or assigns to discharge the debts of the company. 2. Leave to the applicant pursuant to s.229(3) of the Corporations Law to be involved in the management of a corporation where either (a) that corporation is a not‑for‑profit community service organisation with a board of five or more members or (b) he is appointed to the position of director or board member of the corporation by ministerial or other government appointment. Note: Settlement and entry of orders is dealt with in Order 36 of the Federal Court Rules.
IN THE FEDERAL COURT OF AUSTRALIA
SOUTH AUSTRALIA DISTRICT REGISTRY SG 3031 of 1997
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