27Liable entity may continue to trade while insolvent

#### 27 Liable entity may continue to trade while insolvent 27 Liable entity may continue to trade while insolvent > A liable entity and its directors and other officers are specifically authorised during the winding up period for the entity to conduct the business of the entity in the manner directed, required, authorised or permitted by or under this Part even if— > > > (a) the entity is insolvent, or > > > (b) the entity will become insolvent by reason of conducting its business in such a manner.