Corporations Act 2001
Note: See section 600K .PART 2 - REGISTERING AND DISCIPLINING PRACTITIONERS Division 35 - Notice requirements CLAUSE 35-5 NOTICE OF OTHER EVENTS Registered liquidator must lodge notice 35-5(1)
A registered liquidator must lodge with ASIC a notice, in the approved form, if any of the following events occur:
(a) information included in an annual liquidator return, an annual administration return or an end of administration return, prepared by or on behalf of the liquidator, is or becomes inaccurate in a material particular;
(b) any other event prescribed.
The notice must be lodged within 10 business days after the registered liquidator could reasonably be expected to be aware that the event has occurred.
[ CCH Note: Cl 35-5(1) will be amended by No 69 of 2020, s 3, Sch 1, by substituting " the Registrar " for " ASIC " , (effective 22 June 2022 or a day or days to be fixed by Proclamation).]
A person commits an offence if:
(a) the person is subject to a requirement under subsection (1); and
(b) the person intentionally or recklessly fails to comply with the requirement.
Penalty: 30 penalty units.