Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 588FGAB

Reasons

  (1)   An order under subsection   588FGAA(3) must include written reasons for the making of the order (including why ASIC is satisfied section   588FGAA applies).

Orders for payment

  (2)   An order under paragraph   588FGAA(3)(b) (requiring a person to pay a company an amount) may require the amount to be paid at a time or within a period set out in the order.

Liquidator to be given copies of orders etc.

  (3)   If ASIC makes an order under subsection   588FGAA(3) relating to a company, ASIC must give the company's liquidator a copy of the order, and of any revocation or amendment of the order.