Commonwealth Consolidated Regulations

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FEDERAL COURT (CORPORATIONS) RULES 2000 - RULE 7.2

Vacancy in office of liquidator (Corporations Act s 473A and s 499(3) and Insolvency Practice Schedule (Corporations) s 90 - 15)

    If, for any reason, there is no liquidator of a company under external administration, the Court may appoint a registered liquidator whose written consent in accordance with Form 8 has been filed.

Note:   The Court may make the appointment:

(a)   on its own initiative, during proceedings before the Court; or

(b)   on application under section   90 - 20 of the Insolvency Practice Schedule (Corporations).

  See subsection   90 - 15(2) of that Schedule.

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