Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 588Z

Court may make order imposing liability

    Where:

  (a)   a company is being wound up; and

  (b)   on or after 23   June 1993 and within 4 years before the relation - back day, a person contravened section   206A by managing the company;

the Court may, on the application of the company's liquidator, order that the person is personally liable for so much of the company's debts and liabilities as does not exceed an amount specified in the order.


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