113
CurrentNotice of liquidator’s appointment
Part 11Miscellaneous provisions
113 Notice of liquidator’s appointment
A liquidator appointed to wind up a company must notify the Chief Commissioner of the appointment within 14 days after the date of the appointment.
Maximum penalty—100 penalty units.
Note.
An offence against this section committed by a corporation is an executive liability offence attracting executive liability for a director or other person involved in the management of the corporation—see section 121.
This Act’s bill:Explanatory memorandumSecond reading speech
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