Commonwealth Consolidated Regulations

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FEDERAL COURT (CORPORATIONS) RULES 2000 - REG 7.2

Filling vacancy in office of liquidator (Corporations Act s 473 (7), s 502)

         (1)   If, for any reason, there is no liquidator acting in a winding up, the Court may:

                (a)    in the case of a winding up by the Court -- appoint another official liquidator whose written consent in accordance with Form 8 has been filed; and

               (b)    in the case of a voluntary winding up -- appoint another registered liquidator whose written consent in accordance with Form 8 has been filed.

         (2)   The Court may make the appointment:

                (a)    in any case -- on application by ASIC, a creditor or a contributory; or

               (b)    in the case of a winding up by the Court -- on its own initiative.



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