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StatuteCorporations Act 2001

Section 491 — Corporations Act 2001: Circumstances in which company may be wound up voluntarily

Text of the provision Official document

(1) Subject to section 490, a company may be wound up voluntarily if the company so resolves by special resolution. (2) A company must: (a) within 7 days after the passing of a resolution for voluntary winding up, lodge with the Registrar a notice setting out the text of the resolution; and (b) within the period ascertained in accordance with the regulations, cause a notice setting out the prescribed information about the resolution to be published in the prescribed manner. (3) A lodgement under paragraph (2)(a) must meet any requirements of the data standards.

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.