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StatuteCorporations Act 2001

Section 473A — Corporations Act 2001: Vacancies in office of court-appointed liquidator

Text of the provision Official document

(1) A vacancy in the office of a liquidator appointed by the Court may be filled by: (a) the Court; or (b) ASIC. (2) If ASIC fills a vacancy in the office of a liquidator under subsection (1), ASIC must: (a) publish notice of the filling of the vacancy; and (b) publish the notice in the prescribed manner. (3) If ASIC fills a vacancy in the office of a liquidator under subsection (1), the liquidator is taken, for the purposes of this Act, to be appointed by the Court. (4) If more than one liquidator is appointed under this section, the Court or ASIC (as the case may be) must declare whether anything that is required or authorised by this Act to be done by the liquidator is to be done by all or any one or more of the persons appointed. (5) If a declaration made by ASIC under subsection (4) is inconsistent with a declaration of the Court made under that subsection, the declaration of the Court prevails to the extent of any inconsistency.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.