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Insolvency Law Reform Act 2016
25After subsection 449CA(4)
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25 After subsection 449CA(4)
(4A) As soon as practicable after making a declaration under subsection (2), the administrator must lodge a copy of the declaration with ASIC.
26 After subsection 449CA(6)
(6A) As soon as practicable after making a replacement declaration under subsection (5), the administrator must lodge a copy of the replacement declaration with ASIC.
27 Paragraph 477(1)(a)
Omit “so far as is necessary for the beneficial disposal or winding up of that business”, substitute “so far as is, in the opinion of the liquidator, required for the beneficial disposal or winding up of that business”.
28 Paragraph 491(2)(a)
Omit “lodge a printed copy of the resolution”, substitute “lodge with ASIC, in the prescribed form, a notice setting out the text of the resolution”.
29 After subsection 506A(2)
(3) As soon as practicable after making a declaration under subsection (2), the administrator must lodge a copy of the declaration with ASIC.
30 After subsection 506A(5)
(6) As soon as practicable after making a replacement declaration under subsection (4), the administrator must lodge a copy of the replacement declaration with ASIC.
31 At the end of section 579A
Add:
(3) If the Court makes an order under subsection (1), the applicant for the order must:
32 At the end of section 579B
Add:
(3) If the Court makes an order under subsection (2), the applicant for the order must: