Section 1568 — Corporations Act 2001 (Cth)

(1) If:

(a) an application has been made under section 1295 of the old Act to terminate the suspension of the registration of a person as a liquidator, or as a liquidator of a specified body corporate; and

(b) the Board has neither refused the application nor, by order, terminated the suspension before the commencement day;

the Board must cease its consideration of the matter on the commencement day without making such an order.

(2) If:

(a) the Board, under section 1295 of the old Act, is considering of its own motion whether to terminate the suspension of the registration of a person as a liquidator, or as a liquidator of a specified body corporate; and

(b) the Board has not, by order, terminated the suspension before the commencement day;

the Board must cease its consideration of the matter on the commencement day without making such an order.

(3) The fact that the Board has ceased to consider the matter does not preclude the matter from being dealt with under Division 40 of the Insolvency Practice Schedule (Corporations).

Related sections

• s 1565 — Matters not dealt with by the Board before the commencement day
• s 1566 — Matters dealt with by the Board before the commencement day
• s 1567 — Matters which the Board refuses to deal with before the commencement day
• s 1569 — Sharing information between the Board and committees
• s 1570 — Direction to comply with requirement to lodge documents etc.
• s 1571 — Suspension by ASIC under the Insolvency Practice Schedule (Corporations)

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