Section 1237M — Corporations Act 2001 (Cth)

(1) If:

(a) a liquidator of a sub‑fund of a CCIV is appointed, resigns or is removed from office; and

(b) one or more persons, other than the CCIV, holds assets of the sub‑fund of the CCIV;

the liquidator must, as soon as practicable, and in any event within 3 business days after the liquidator’s appointment, resignation or removal, notify each such person in writing of the appointment, resignation or removal.

(2) In this section:

liquidator includes a provisional liquidator.

Related sections

• s 1237K — Declaration of solvency
• s 1237KA — Declaration of relevant relationships
• s 1237L — Disqualification of liquidator
• s 1237N — Duties and powers of liquidator
• s 1237P — Retention and destruction of books
• s 1237Q — Officers of corporate director to help liquidator

Research how courts apply s 1237M

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