Commonwealth Consolidated Acts Commonwealth Consolidated ActsWhere:
(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.