Company Law Review Act 1998 (61 of 1998)
Schedule 2 Consequential amendment of the Corporations Law
Part 1 Registering a company (new Chapter 2A) Basic features of a company (new Chapter 2B) Members' rights and remedies (new Chapter 2F)
119 After subsection 462(2)
Insert:
(2A) The Commission may apply for an order to wind up a company under paragraph (2)(f) only if:
(a) the company has no members; and
(b) the Commission has given the company at least 1 month's written notice of its intention to apply for the order.
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