Corporations Act 2001
Note: This Part applies to a sub-fund of a CCIV in a modified form: see Division 5 of Part 8B.6 .
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Hide history noteASIC must deregister at the end of 3 month period
509(1)
If an end of administration return for a company is lodged with ASIC on the basis that the affairs of the company are fully wound up, ASIC must deregister the company at the end of the period of 3 months beginning on the day after the return is lodged (the deregistration period ).
[ CCH Note: S 509(1) will be amended by No 69 of 2020, s 3, Sch 1[767] - [ 769], by substituting " The Registrar " for " ASIC " in the heading and " with the Registrar " for " with ASIC " and " the Registrar must " for " ASIC must " , (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
ASIC must deregister on a day specified by the Court
509(2)
On application by the liquidator or any other interested party, the Court may make an order that ASIC deregister the company on a specified day. The Court must make the order before the end of the deregistration period.
[ CCH Note: S 509(2) will be amended by No 69 of 2020, s 3, Sch 1[770] and [ 771], by substituting " The Registrar " for " ASIC " in the heading and " that the Registrar " for " that ASIC " , (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
509(3)
The person on whose application an order under subsection (2) is made must, within 10 business days after the making of the order, lodge a copy of the order.
[ CCH Note: S 509(3) will be amended by No 69 of 2020, s 3, Sch 1[772] and [ 773], by inserting " with the Registrar " after " lodge " and " The lodgement must meet any requirements of the data standards. " at the end of subsection, (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
[ CCH Note: Regulation 10.25.02(3)(h) (which was effective 1 March 2017) provides that the amendments made by No 11 of 2016, s 3, Sch 2[169] apply in relation to external administrations on and after 1 September 2017.]
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