Corporations Act 2001

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)

Note: See section 600K .

PART 2 - REGISTERING AND DISCIPLINING PRACTITIONERS

Division 45 - Court oversight of registered liquidators

SECTION 45-5 COURT MAY MAKE ORDERS ABOUT COSTS

45-5(1)
Without limiting section 45-1 , the Court may make orders in relation to a registered liquidator that deal with the costs of a matter considered by the Court.

45-5(2)
Those orders may include an order that:

(a) the registered liquidator is personally liable for some or all of those costs; and

(b) the registered liquidator is not entitled to be reimbursed by a company or its creditors in relation to some or all of those costs.

45-5(3)
This section does not limit the Court ' s powers under any other provision of this Act, or under any other law.

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