Western Australian Current Acts Western Australian Current Acts (1) This section
applies in relation to an incorporated limited partnership if the Commissioner
has given a winding up notice to the incorporated limited partnership and that
notice has not been cancelled.
(2) The incorporated
limited partnership must be wound up by —
(a) the
incorporated limited partnership; or
(b) if a
person is appointed to be the liquidator of the incorporated limited
partnership under section 64(1) — the liquidator.
(3) Winding up of the
incorporated limited partnership must be commenced —
(a) if
paragraph (b) does not apply — no later than 28 days after the day on
which the notice is given; or
(b) if
an application is made under section 96 and the State Administrative Tribunal
affirms the decision to give the notice — no later than 28 days after
the day on which the application is determined.
(4) Winding up of the
incorporated limited partnership must be completed —
(a)
within the period specified by the Commissioner in a notice given to the
incorporated limited partnership, being at least 60 days after the day on
which the notice is given; or
(b)
within a longer period approved in writing by the Commissioner.