Corporations Amendment (Phoenixing and Other Measures) Act 2012 (48 of 2012)
Schedule 1 Amendments
Part 2 Publication requirements
Corporations Act 2001
21 Subsection 601AB(3)
Repeal the subsection, substitute:
Deregistration procedure
(3) If ASIC decides to deregister a company under this section, it must:
(a) give notice of the proposed deregistration:
(i) to the company; and
(ii) to the company's liquidator (if any); and
(iii) to the company's directors; and
(iv) on ASIC database; and
(b) publish notice of the proposed deregistration in the prescribed manner.
(3A) When 2 months have passed since the publication of the notice under paragraph (3)(b), ASIC may deregister the company.