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CORPORATIONS ACT 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.5 - VOLUNTARY WINDING UP    View history reference

Division 4 - Voluntary winding up generally  

SECTION 509  DEREGISTRATION  

ASIC must deregister at the end of 3 month period

509(1)  

If an end of administration return for a company is lodged with ASIC on the basis that the affairs of the company are fully wound up, ASIC must deregister the company at the end of the period of 3 months beginning on the day after the return is lodged (the deregistration period).

ASIC must deregister on a day specified by the Court

509(2)  

 View history reference
On application by the liquidator or any other interested party, the Court may make an order that ASIC deregister the company on a specified day. The Court must make the order before the end of the deregistration period.

509(3)  

The person on whose application an order under subsection (2) is made must, within 10 business days after the making of the order, lodge a copy of the order.

[CCH Note: Regulation 10.25.02(3)(h) (which was effective 1 March 2017) provides that the amendments made by No 11 of 2016, s 3, Sch 2[169] apply in relation to external administrations on and after 1 September 2017.]


 



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