Corporations Regulations 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.6 - WINDING UP GENERALLY  

REGULATION 5.6.67A  

5.6.67A   SINGLE DECLARATION AND DISTRIBUTION OF DIVIDEND FOR COMPANIES IN SIMPLIFIED LIQUIDATION  


The liquidator of a company that is subject to the simplified liquidation process may declare and distribute a dividend only once among creditors whose debts or claims have been admitted.



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