Insolvency Law Reform Act 2016 (11 of 2016)

Schedule 3   Other amendments

Part 6   Miscellaneous amendments

Corporations Act 2001

33   At the end of section 579C

Add:

(5) If the Court makes an order under subsection (2), the applicant for the order must:

(a) lodge with ASIC a notice setting out the text of the order; and

(b) do so within 2 business days after the making of the order.

The notice must be in the prescribed form.

(6) If the Court makes a declaration under subsection (3), the applicant for the declaration must:

(a) lodge with ASIC a notice setting out the text of the declaration; and

(b) do so within 2 business days after the making of the declaration.

The notice must be in the prescribed form.

(7) If the Court makes an order under subsection (4) on the application of a person, the applicant for the order must:

(a) lodge with ASIC a notice setting out the text of the order; and

(b) do so within 2 business days after the making of the order.

The notice must be in the prescribed form.