Report to liquidator as to company’s affairs (Corporations Act, s 475)
7.3 Report to liquidator as to company’s affairs (Corporations Act, s 475)
If a person is required under the Corporations Act, section 475 to submit and verify a report as to the affairs of a company, the liquidator must give to the person the appropriate forms and instructions for the preparation of the report.
Except by order of the court, no person is to be allowed out of the property of a company any costs or expenses incurred in relation to the preparation of the report that have not been—
sanctioned by the liquidator before being incurred; or
taxed or assessed.
The liquidator must report to the court any default in complying with the requirements of the Corporations Act, section 475.
Unless the court otherwise orders, a report filed by a liquidator under the Corporations Act, section 475(7) is not available for inspection by any person.
Note—
A report filed by a liquidator under the Corporations Act, section 475(7) may include commercial-in-confidence information that may not be inspected. See the Corporations Act, section 1274(4G).
In this rule—
liquidator includes a provisional liquidator.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.