Corporations Act 2001
SCHEDULE 2
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INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)
Application of this section
70-55(1)
This section applies if either:
(a) a former employee of a company under external administration has made a claim for financial assistance from the Commonwealth in relation to unpaid employment entitlements; or
(b) the Commonwealth considers that such a claim is likely to be made.
Commonwealth may request information etc.
70-55(2)
The Commonwealth may request the external administrator of the company to provide specified information, reports or documents in relation to the external administration.
70-55(3)
The external administrator must comply with the request.
70-55(4)
The Insolvency Practice Rules may provide for and in relation to who is to bear the cost of providing the information, reports or documents.
Note: See section 600K .
PART 3 - GENERAL RULES RELATING TO EXTERNAL ADMINISTRATIONS Division 70 - Information Subdivision E - Other requests for information etc. SECTION 70-55 COMMONWEALTH MAY REQUEST INFORMATION ETC.Application of this section
70-55(1)
This section applies if either:
(a) a former employee of a company under external administration has made a claim for financial assistance from the Commonwealth in relation to unpaid employment entitlements; or
(b) the Commonwealth considers that such a claim is likely to be made.
Commonwealth may request information etc.
70-55(2)
The Commonwealth may request the external administrator of the company to provide specified information, reports or documents in relation to the external administration.
70-55(3)
The external administrator must comply with the request.
70-55(4)
The Insolvency Practice Rules may provide for and in relation to who is to bear the cost of providing the information, reports or documents.
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