Corporations Act 2001

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

Note: See section 600K .

PART 2 - REGISTERING AND DISCIPLINING PRACTITIONERS  

Division 20 - Registering liquidators  

Subdivision C - Varying etc. conditions of registration  

CLAUSE 20-55   COMMITTEE TO CONSIDER APPLICATIONS  

20-55(1)    
If an application to vary or remove a condition of registration is referred to a committee, the committee must consider the application.

20-55(2)    
Unless the applicant otherwise agrees, the committee must, for the purposes of considering the application, interview the applicant.

20-55(3)    
The committee must, within 20 business days after interviewing the applicant or obtaining the agreement of the applicant as referred to in subsection (2):


(a) decide whether the condition to which the application relates should be varied or removed; and


(b) if a condition is to be varied - specify the way in which it is to be varied.


 

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