Insolvency Law Reform Act 2016 (11 of 2016)

Schedule 1   Amendments relating to the Insolvency Practice Schedule (Bankruptcy)

Part 3   Transition to the Insolvency Practice Schedule (Bankruptcy)

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

Subdivision F   Suspension, cancellation and disciplinary action under the Insolvency Practice Schedule (Bankruptcy)

121   Cancellation by the Inspector-General under the Insolvency Practice Schedule (Bankruptcy)

(1) Section 40-30 of the Insolvency Practice Schedule (Bankruptcy) applies whether or not an event mentioned in subsection 40-30(1) occurs before, on or after the commencement day.

(2) However, paragraph 40-30(1)(c) of the Insolvency Practice Schedule (Bankruptcy) does not apply in relation to the cancellation of the registration of a person as a liquidator under the Corporations Act 2001, as in force at any time before the commencement day.