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CORPORATIONS ACT 2001 - SECT 1619

Review by another registered liquidator

  (1)   The following subsections are for the avoidance of doubt.

  (2)   Sections   90 - 24 and 90 - 26 of the Insolvency Practice Schedule (Corporations) apply whether or not:

  (a)   the remuneration is paid or payable; or

  (b)   the cost or expense is incurred or paid;

before, on or after the commencement day.

  (3)   A period determined by the Court under paragraph   90 - 26(4)(d) of the Insolvency Practice Schedule (Corporations) or prescribed under paragraph   90 - 26(4)(c) may include a period that:

  (a)   starts before the commencement day but ends after that day; or

  (b)   starts and ends before the commencement day.

  (4)   Section   90 - 28 of the Insolvency Practice Schedule (Corporations) applies whether or not the books or information mentioned in paragraph   90 - 28(2)(a) were prepared before, on or after the commencement day.

  (5)   Rules made for the purposes of section   90 - 29 of the Insolvency Practice Schedule (Corporations) in relation to the meaning of properly incurred may make provision for or in relation to costs and expenses incurred before, on or after the commencement day.



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