(1) The administrator must convene the watershed meeting within the convening period.
(2) The convening period is the period of 20 working days after the date on which the administrator is appointed, and includes any period for which it is extended under subsection (3).
(3) The court may, on the administrator's application, extend the convening period.
(4) The application to extend may be made before or after the convening period has expired.
Section 239AT: inserted, on 1 November 2007, by section 6 of the Companies Amendment Act 2006 (2006 No 56).