Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 1627

Vacancies in office of liquidator appointed by the Court

  (1)   Despite the repeal of section   473 of the old Act by Schedule   2 to the Insolvency Law Reform Act 2016 , that section continues to apply in relation to a vacancy in the office of a liquidator appointed by the Court that occurs before the commencement day.

  (2)   Section   473A, as inserted by Schedule   2 to the Insolvency Law Reform Act 2016 , applies in relation to vacancies in the office of a liquidator appointed by the Court that occur on or after the commencement day.

Where there are 2 or more liquidators appointed by the Court

  (3)   Subsections   473A(4) and (5), as inserted by Schedule   2 to the Insolvency Law Reform Act 2016 , apply in relation to 2 or more liquidators appointed by the Court, whether the liquidators were appointed before, on or after the commencement day.