CHAPTER 10
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TRANSITIONAL PROVISIONS
PART 10.25
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TRANSITIONAL PROVISIONS RELATING TO THE INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)
History
Pt 10.25 inserted by No 11 of 2016, s 3, Sch 2[322] (effective 1 March 2017).
Division 2
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Application of Part 2 of the Insolvency Practice Schedule (Corporations) and related consequential amendments
History
Div 2 inserted by No 11 of 2016, s 3, Sch 2[322] (effective 1 March 2017).
Subdivision A
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Registering liquidators
History
Subdiv A inserted by No 11 of 2016, s 3, Sch 2[322] (effective 1 March 2017).
SECTION 1554
OLD ACT REGISTRANT
'
S DETAILS
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:
S 1554 will be repealed by No 69 of 2020, s 3, Sch 1[1312] (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
History
S 1554 inserted by No 11 of 2016, s 3, Sch 2[322] (effective 1 March 2017).
[
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.]