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CORPORATIONS REGULATIONS 2001 - REG 5.6.71 Distribution of surplus in a winding up by the Court

CORPORATIONS REGULATIONS 2001 - REG 5.6.71

Distribution of surplus in a winding up by the Court

  (1)   An order in a winding up by the Court authorising the liquidator to distribute any surplus to a person entitled to it must, unless the Court otherwise directs, have annexed to it a schedule in accordance with Form 551.

  (2)   The liquidator must send to each person to whom any surplus is distributed a notice in accordance with Form 552.