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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    View history reference

Subdivision A - Registering liquidators    View history reference

SECTION 1554  OLD ACT REGISTRANT'S DETAILS  

 View history reference

1554(1)  

ASIC must enter on the Register of Liquidators, in relation to each old Act registrant, the details prescribed under subsection 15-1(3) of the Insolvency Practice Schedule (Corporations) that relate to that old Act registrant.

1554(2)  

If ASIC holds information in relation to an old Act registrant before the commencement day, ASIC may use and disclose the information for the purposes of establishing and maintaining the Register of Liquidators.

[CCH Note: Regulation Sch 13, item [2] (which was effective 1 March 2017) provides that after s 1554:

Insert
1554A Saving of Register of Official Liquidators
(1) This section applies to the Register of Official Liquidators kept in accordance with subsection 1286(2) of the old Act.
(2) Despite the repeal of sections 1283 and 1286 by Schedule 2 to the Insolvency Law Reform Act 2016, the Register of Official Liquidators continues in existence, and may be dealt with, as if those repeals had not happened.
]

 



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