New PNW notices

ASIC will release new notices for the Published Notices Website on 1 September 2017.

Nine new meeting notices under Schedule 2 to the Corporations Act Insolvency Practice Schedule (Corporations)

Schedule 2Notice Description
s75-10(a) meeting of creditors
s75-10(b) meeting of members in MVL
s75-15(1)(a) meeting of creditors (direction of COI)
s75-15(1)(b)(c)(d) meeting of creditors (direction of creditors)
s75-20 meeting of creditors (direction of ASIC)
s75-41(3) meeting of creditors (direction of the Court)
s80-26 consolidated meeting of creditors for a pooled group (direction of COI or creditors)
s90-21(2) meeting to ascertain wishes of creditors
s90-21(2) meeting to ascertain wishes of contributories

Two new meeting notice under the Insolvency Practice Rules (Corporations) 2016

Insolvency Practice RulesNotice Description
s75-140(6) resumed meeting of creditors
s80-5(4)and (5) meeting of members of Committee of Inspection

Three new meeting notices - Corporations Act

SectionNotice Description
s444DA(2)(a) meeting of eligible employee creditors
s577(1A) Meeting of eligible unsecured creditors - pooled group
s495(3) general meeting to fill vacancy in the office of a liquidator

Three new appointment notices - Corporations Act

SectionNotice Description
s465A(2) notice of appointment of a liquidator
s473A(2)(b) ASIC fills vacancy in the office of a court appointed liquidator
s499(4)(b) ASIC fills vacancy in the office of liquidator

Remove eight existing meeting notices

SectionReference to Insolvency Law Reform Act 2016
s497 s497 repealed and substituted (item 162)
Regulation 5.5.02 repealed by COLA
s498 s498 repealed ( item 163)
s473 s473 repealed and substituted (item 144)
s479 (Creditors) s479 repealed (item 151)
s479 (Contributories) s479 repealed (item 151)
s549 Repealed Division 5 of Part 5.6 of Ch 5 (item 178)
s574 s574 repealed (item 180)
s499 s499(5) repealed and substituted (item 164)

*Corporations and Other Legislation Amendment (Insolvency Law Reform) Regulation 2016

Note:  All other notices will remain on the PNW with amendments to legislative references where necessary.

What's new

ASIC regulation of registered liquidators: July 2018 to June 2019                  

This report summarises the work undertaken and outcomes achieved by ASIC in supervising registered liquidators in the period from 1 July 2018 to 30 June 2019.

ASIC reports on corporate insolvencies 2018–19

ASIC has published its annual overview of corporate insolvencies for the 2018-19 financial year. 18 December 2019.

Report On Company Activities and Property (ROCAP)

After an extensive revision process and industry consultation conducted through an external consultant, ASIC has released the new ROCAP - Report On Company Activities and Property to replace the RATA. 

 

Industry funding

The Government has introduced new laws that change the way ASIC is funded. Regulated entities will receive an invoice for ASIC’s regulatory services delivered in the prior year. Find out what this means for registered liquidators.

 

Quicklinks

Insolvency Law Reform Act 2016

Releases on insolvency

Liquidator registration applications

Registered liquidator disciplinary decisions

Insolvency statistics

AFSA - ARITA - ASIC joint liaison meetings

 

Sign up for:

ASIC Corporate Insolvency Update

Published notices

View insolvency and deregistration notices on the published notices website.

ASIC and registered liquidators

Last updated: 01/09/2017 02:31