Report on accounts of liquidator (Corporations Act s 481)
7.7 Report on accounts of liquidator (Corporations Act s 481)
If the Court orders that a report on the accounts of a liquidator be prepared under subsection 481(1) of the Corporations Act, the liquidator must give to the auditor appointed to prepare the report all information, books and vouchers required to prepare the report.
On completing the report, the auditor must:
file a copy of the report in a sealed envelope that is marked with the title and number of the proceeding and the words ‘Auditor’s report under subsection 481(1) of the Corporations Act 2001’; and
serve a copy of the report on the liquidator; and
lodge a copy of the report with ASIC.
Except with the leave of the Court, a report is not available for inspection by any person except the liquidator or ASIC.
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