Commonwealth Consolidated Acts

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BANKING ACT 1959 - SECT 62E

APRA may request information from liquidator

  (1)   APRA may request a liquidator of an entity covered by subsection   62C(4) in writing to give APRA, within a reasonable time specified in the request, specified information in writing about:

  (a)   the winding - up of the entity (whether the winding - up occurs as a result of an application made under the Corporations Act 2001 or by APRA under section   11EA or 16AAA) and the other affairs of the entity; or

  (b)   the proposed winding - up of the entity (whether the winding - up will occur as a result of an application made, or proposed to be made, under the Corporations Act 2001 or by APRA under section   11EA or 16AAA) and the other affairs of the entity.

  (2)   The liquidator must comply with the request.

Note:   Action may be taken under the Corporations Act 2001 against a liquidator who does not comply with such a request.



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