Companies Act 2014 section 578

Application of Chapter

Section 578 establishes that the rules in Chapter 3 apply exclusively to a members' voluntary winding up, unless a specific provision states otherwise.

  • Chapter 3 deals specifically with members' voluntary winding up procedures
  • All provisions in the chapter default to applying only to members' voluntary winding up
  • A provision may expressly state that it applies more broadly, overriding this default
  • This section acts as a gateway rule, setting the scope for the entire chapter

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.