52Deregistration of liable entity

#### 52 Deregistration of liable entity 52 Deregistration of liable entity > > (1) After the completion of the winding up of a liable entity, the SPF trustee may, with the written consent of the Minister, lodge an application with the Supreme Court for an order that the liable entity or a director of the liable entity lodge an application under the Corporations Act for deregistration of the liable entity. > > > (2) The Supreme Court may make an order under subsection (1) only if the Court is satisfied that the SPF trustee has realised all the property of a liable entity or so much of the property as can, in the SPF trustee’s opinion, be realised without needlessly protracting the winding up, and has distributed a final dividend (if any) to the outstanding claimants. > > > (3) If an order is made under subsection (1), the liable entity or director to which the order applies is specifically authorised to make an application for the deregistration of the liable entity under the Corporations Act even if none of the circumstances referred to in section 601AA (2) of the Corporations Act for the making of such an application are present.