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CORPORATIONS REGULATIONS 2001 - REG 5.6.72 Distribution of surplus as directed

CORPORATIONS REGULATIONS 2001 - REG 5.6.72

Distribution of surplus as directed

    If a person who receives a notice of distribution of surplus in accordance with subregulation   5.6.71(2) lodges with the liquidator an authority in accordance with Form 553, the liquidator must distribute that surplus to the person to whom payment is directed by that authority.