CORPORATIONS ACT 2001

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

Note: See section 600K .

PART 3 - GENERAL RULES RELATING TO EXTERNAL ADMINISTRATIONS  

Division 70 - Information  

Subdivision E - Other requests for information etc.  

CLAUSE 70-55   COMMONWEALTH MAY REQUEST INFORMATION ETC.  

Application of this section

70-55(1)  
This section applies if either:


(a) a former employee of a company under external administration has made a claim for financial assistance from the Commonwealth in relation to unpaid employment entitlements; or


(b) the Commonwealth considers that such a claim is likely to be made. Commonwealth may request information etc.

70-55(2)  
The Commonwealth may request the external administrator of the company to provide specified information, reports or documents in relation to the external administration.

70-55(3)  
The external administrator must comply with the request.

70-55(4)  
The Insolvency Practice Rules may provide for and in relation to who is to bear the cost of providing the information, reports or documents.


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