Corporations Act 2001

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

Note: See section 600K .

PART 3 - GENERAL RULES RELATING TO EXTERNAL ADMINISTRATIONS  

Division 90 - Review of the external administration of a company  

Subdivision C - Review by another registered liquidator  

SECTION 90-29   RULES ABOUT REVIEWS  

90-29(1)    
The Insolvency Practice Rules may provide for and in relation to reviews under this Subdivision.

90-29(2)    
Without limiting subsection (1), the Insolvency Practice Rules may provide for and in relation to any or all of the following matters:


(a) the giving of notice to the external administrator of a company before appointing, or making an application for the appointment of, a reviewing liquidator under this Subdivision;


(b) the meaning, for the purposes of section 90-26 , of properly incurred in relation to costs or expenses incurred by an external administrator of a company;


(c) the appointment of reviewing liquidators, including requirements as to who may be appointed and the provision of declarations of relevant relationships;


(d) the powers and duties of reviewing liquidators in carrying out a review;


(e) the form and content of reports by reviewing liquidators;


(f) the preparation and provision of reports by reviewing liquidators.


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.