Corporations Amendment (Phoenixing and Other Measures) Act 2012 (48 of 2012)

Schedule 1   Amendments

Part 3   Miscellaneous amendments

Corporations Act 2001

28   Before section 600A

Insert:

600AA Duty of receiver, administrator or liquidator - parental leave pay

(1) A person who:

(a) is appointed (whether or not by a court), and acts, as a receiver and manager in respect of property of a body corporate; or

(b) is appointed as the administrator of a body corporate under Division 2 of Part 5.3A; or

(c) is appointed as the liquidator or provisional liquidator of a body corporate;

must, as soon as possible, notify the Secretary (within the meaning of the Paid Parental Leave Act 2010) of the person's appointment, if the body corporate was a paid parental leave employer just before the appointment.

(2) A person is a paid parental leave employer at a particular time if:

(a) the person must pay an instalment under section 72 of the Paid Parental Leave Act 2010; and

(b) either:

(i) that time occurs during the instalment period (within the meaning of that Act) to which the instalment relates; or

(ii) that time occurs after the end of the instalment period to which the instalment relates, but the person has not paid the instalment by that time.