(1) Subject to subsection (2), a registered agency must give at least 28 days' written notice to the Registrar before commencing any proceedings to wind up the registered agency.
(2) A registered agency must give notice to the Registrar immediately on becoming aware of the existence of any circumstance giving rise to an obligation on the registered agency under a law of a State or Territory or of the Commonwealth to commence winding up proceedings.
(3) A registered agency must give the Registrar written notice without delay after becoming aware of the commencement of proceedings by any other person to wind up the registered agency.
S. 135 inserted by No. 106/2004 s. 5.