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CORPORATIONS ACT 2001

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

Note: See section 600K.

PART 3 - GENERAL RULES RELATING TO EXTERNAL ADMINISTRATIONS  

Division 90 - Review of the external administration of a company  

Subdivision C - Review by another registered liquidator  

CLAUSE 90-29  RULES ABOUT REVIEWS  

90-29(1)  

The Insolvency Practice Rules may provide for and in relation to reviews under this Subdivision.

90-29(2)  

Without limiting subsection (1), the Insolvency Practice Rules may provide for and in relation to any or all of the following matters:


(a) the giving of notice to the external administrator of a company before appointing, or making an application for the appointment of, a reviewing liquidator under this Subdivision;


(b) the meaning, for the purposes of section 90-26, of properly incurred in relation to costs or expenses incurred by an external administrator of a company;


(c) the appointment of reviewing liquidators, including requirements as to who may be appointed and the provision of declarations of relevant relationships;


(d) the powers and duties of reviewing liquidators in carrying out a review;


(e) the form and content of reports by reviewing liquidators;


(f) the preparation and provision of reports by reviewing liquidators.

 



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