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CORPORATIONS ACT 2001

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)    View history reference

Note: See section 600K.

PART 2 - REGISTERING AND DISCIPLINING PRACTITIONERS  

Division 40 - Disciplinary and other action  

Subdivision C - Automatic cancellation  

CLAUSE 40-20  AUTOMATIC CANCELLATION  

 View history reference

40-20(1)  

The registration of a person as a liquidator is cancelled if:


(a) the person becomes an insolvent under administration; or


(b) the person dies.

40-20(2)  

The cancellation takes effect on the day the event mentioned in subsection (1) happens.

 



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