The Registrar may do an act on behalf of the corporation or its liquidator if the Registrar is satisfied that the corporation or liquidator would be bound to do the act if the corporation still existed.
Note: This power is a general one and is not limited to acts in relation to property vested in the Registrar under subsection 546 - 20(2). The Registrar has all the powers that automatically flow from the vesting of property in the Registrar under that subsection (see subsection 546 - 20(4)) and may exercise those powers whether or not the corporation was bound to do so.