Treasury Laws Amendment (2019 Measures No. 3) Act 2020 (64 of 2020)

Schedule 3   Miscellaneous amendments

Part 1   Amendments commencing day after Royal Assent

Corporations Act 2001

20   Paragraph 422C(1)(c)

Repeal the paragraph, substitute:

(c) a registered liquidator (the new controller ):

(i) is appointed instead as the controller of that property of the corporation; or

(ii) if the corporation is a company under external administration - is appointed instead as the external administrator of the company; or

(iii) if subparagraphs (i) and (ii) do not apply and the corporation is a company under external administration - is the external administrator of the company.