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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 588Z
Court may make order imposing liability
Where:
- (a)
- a company is being wound up; and
- (b)
- on or after 23 June 1993 and within 4 years before the relation-back
day, a person contravened section 206A by managing the company;
the Court may, on the application of the company's liquidator, order that the
person is personally liable for so much of the company's debts and liabilities
as does not exceed an amount specified in the order.
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