Corporations Act 2001
If: (a) a liquidator of a sub-fund of a CCIV is appointed, resigns or is removed from office; and (b) one or more persons, other than the CCIV, holds assets of the sub-fund of the CCIV;
the liquidator must, as soon as practicable, and in any event within 3 business days after the liquidator ' s appointment, resignation or removal, notify each such person in writing of the appointment, resignation or removal.
1237M(2)
In this section:
liquidator
includes a provisional liquidator.
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