Corporations Act 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.25 - TRANSITIONAL PROVISIONS RELATING TO THE INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

Division 2 - Application of Part 2 of the Insolvency Practice Schedule (Corporations) and related consequential amendments  

Subdivision A - Registering liquidators  

SECTION 1552   APPLICATIONS FOR REGISTRATION UNDER THE OLD ACT  

1552(1)  
If, before the commencement day:


(a) a person has applied for registration as a liquidator, or as a liquidator of a specified body corporate, under section 1279 of the old Act; and


(b) the person ' s application has not been refused; and


(c) the person is not registered before the commencement day as a liquidator, or as a liquidator of a specified body corporate;

the application is taken never to have been made and ASIC must refund any fee paid in relation to the application.

1552(2)  
A person is registered as a liquidator, or as a liquidator of a specified body corporate, at a particular time if:


(a) a certificate of registration as a liquidator or as a liquidator of a specified body corporate has been issued to the person under subsection 1282(6) of the old Act before that time; and


(b) the day specified in the certificate as the day on which the registration would begin occurs before the day on which that time occurs.


 

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