Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1561

Application of obligation to lodge annual liquidator returns

Application of the Insolvency Practice Schedule (Corporations)

  (1)   Section   30 - 1 of the Insolvency Practice Schedule (Corporations) applies in relation to liquidator return years that begin on or after the commencement day.

Meaning of liquidator return year

  (2)   In working out the liquidator return year for an old Act registrant under subsection   30 - 1(2) of the Insolvency Practice Schedule (Corporations), "the day on which that registration first began", means "the old Act registration day for that person (as defined for the purpose of Part   10.25 of this Act)".

Annual statements under the old Act

  (3)   The repeal of section   1288 by Schedule   2 to the Insolvency Law Reform Act 2016 applies in relation to liquidator return years beginning on or after the commencement day.


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