CORPORATIONS ACT 2001

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

Note: See section 600K .

PART 2 - REGISTERING AND DISCIPLINING PRACTITIONERS  

Division 40 - Disciplinary and other action  

Subdivision F - Lifting or shortening suspension  

CLAUSE 40-70   APPLICATION TO LIFT OR SHORTEN SUSPENSION  

Application of this section

40-70(1)  
This section applies if a person ' s registration as a liquidator has been suspended. Suspended liquidator may apply to ASIC

40-70(2)  
The person may apply to ASIC:


(a) for the suspension to be lifted; or


(b) for the period of the suspension to be shortened.

40-70(3)  
The application must be lodged with ASIC in the approved form.

40-70(4)  
The application is properly made if subsection (3) is complied with.


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