Corporations Act 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.6 - WINDING UP GENERALLY  

Note: This Part applies to a sub-fund of a CCIV in a modified form: see Division 5 of Part 8B.6 .

Division 7A - Disclaimer of onerous property  

SECTION 568A   LIQUIDATOR MUST GIVE NOTICE OF DISCLAIMER  

568A(1)    
As soon as practicable after disclaiming property, a liquidator must:

(a)    lodge a written notice of the disclaimer; and

(b)    give written notice of the disclaimer to each person who appears to the liquidator to have, or to claim to have, an interest in the property; and

(c)    if the liquidator has reason to suspect that some person or persons may have, or may claim to have, an interest or interests in the property, but either does not know who, or does not know where, the person is or the persons are - comply with subsection (2) ; and

(d)    if a law of the Commonwealth or of a State or Territory requires the transfer or transmission of the property to be registered - give written notice of the disclaimer to the registrar or other person who has the function under that law of registering the transfer or transmission of the property.

568A(2)    

If paragraph (1)(c) applies, the liquidator must cause a notice setting out the prescribed information about the disclaimer to be published in the prescribed manner.