Corporations Act 2001
SCHEDULE 2
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INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)
ASIC must establish and maintain a Register of Liquidators. 15-1(2)
The Register of Liquidators may be kept in any form that ASIC considers appropriate. 15-1(3)
The Insolvency Practice Rules may provide for and in relation to the Register of Liquidators. 15-1(4)
Without limiting subsection (3), the Insolvency Practice Rules may provide for and in relation to:
(a) the details to be entered on the Register of Liquidators; and
(b) the parts of the Register that are to be made available to the public. 15-1(5)
Without limiting paragraph (4)(a), those details may include:
(a) details of any disciplinary action decided by a committee under section 40-55 ; and
(b) details of persons who have had their registration as a liquidator under this Act suspended or cancelled.
Note: See section 600K .
PART 2 - REGISTERING AND DISCIPLINING PRACTITIONERS Division 15 - Register of liquidators CLAUSE 15-1 REGISTER OF LIQUIDATORS 15-1(1)ASIC must establish and maintain a Register of Liquidators. 15-1(2)
The Register of Liquidators may be kept in any form that ASIC considers appropriate. 15-1(3)
The Insolvency Practice Rules may provide for and in relation to the Register of Liquidators. 15-1(4)
Without limiting subsection (3), the Insolvency Practice Rules may provide for and in relation to:
(a) the details to be entered on the Register of Liquidators; and
(b) the parts of the Register that are to be made available to the public. 15-1(5)
Without limiting paragraph (4)(a), those details may include:
(a) details of any disciplinary action decided by a committee under section 40-55 ; and
(b) details of persons who have had their registration as a liquidator under this Act suspended or cancelled.
[ CCH Note: Div 15 will be substituted by No 69 of 2020, s 3, Sch 1[1317] (effective 22 June 2022 or a day or days to be fixed by Proclamation). Div 15 will read:
Division 15 - Register of liquidators
CLAUSE 15-1 RECORDING REGISTRATION ETC. OF LIQUIDATORS
15-1
The Registrar must maintain a record relating to persons who are, or have been, registered liquidators.Note: ASIC notifies the Registrar who should be registered as a liquidator, and whether registrations should be renewed or cancelled: see subsections 20-30(2) , 20-75(2) and 40-35(3A) .]
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