Companies not subject to the simplified liquidation process
(1) Subject to subregulations (1A) and (1B), a liquidator may from time to time fix a day, not less than 14 days after the day on which notice is given in accordance with subregulation (2), on or before which a creditor may submit particulars of his or her debt or claim.
Companies subject to the simplified liquidation process
(1A) Subregulation (1) does not apply in relation to a liquidator of a company that is subject to the simplified liquidation process.
(1B) A liquidator of a company that is subject to the simplified liquidation process must fix a single day that is 14 days after the day on which notice is given in accordance with subregulation (2), on or before which a creditor may submit particulars of his or her debt or claim.
(2) A notice under subregulation (1) or (1B) must be lodged with ASIC in accordance with subregulation 5.6.75(4).
(3) A notice under subregulation (1) or (1B) must state at least the following information:
(b) any trading name of the company;
(ca) if Division 1 of Part 5.6 of the Act applies for a sub - fund of a CCIV because of section 1237B of the Act--the ARFN of the sub - fund;
(d) the day fixed under subregulation (1) or (1B), as the case requires.
(4) A notice under subregulation (1B) may include a requirement that all, or a specified class, of debts or claims must be proved formally.
Note: If Division 1 of Part 5.6 of the Act applies for a
sub - fund of a CCIV because of section 1237B of the Act, that section
translates most of this regulation's references to the company so that
they are references to the sub - fund.