Corporations Act 2001
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View history notePt 10.25 inserted by No 11 of 2016, s 3, Sch 2[322] (effective 1 March 2017).
Div 2 inserted by No 11 of 2016, s 3, Sch 2[322] (effective 1 March 2017).
Subdiv D inserted by No 11 of 2016, s 3, Sch 2[322] (effective 1 March 2017).
This section applies if:
(a) before the commencement day, a decision is made by ASIC under section 1290A of the old Act to cancel the registration of a person as a liquidator, or as a liquidator of a specified body corporate; and
(b) the decision has not come into effect before the commencement day.
1564(2)
On the commencement day, ASIC is taken to have made a decision under section 40-30 of the Insolvency Practice Schedule (Corporations) to cancel the registration of the person as a liquidator.
1564(3)
Section 40-35 of the Insolvency Practice Schedule (Corporations) applies in relation to the decision as if the decision were made on the commencement day.
S 1564 inserted by No 11 of 2016, s 3, Sch 2[322] (effective 1 March 2017).
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