Section 1627 — Corporations Act 2001 (Cth)

Vacancies in office of liquidator appointed by the Court

(1) Despite the repeal of section 473 of the old Act by Schedule 2 to the Insolvency Law Reform Act 2016, that section continues to apply in relation to a vacancy in the office of a liquidator appointed by the Court that occurs before the commencement day.

(2) Section 473A, as inserted by Schedule 2 to the Insolvency Law Reform Act 2016, applies in relation to vacancies in the office of a liquidator appointed by the Court that occur on or after the commencement day.

Where there are 2 or more liquidators appointed by the Court

(3) Subsections 473A(4) and (5), as inserted by Schedule 2 to the Insolvency Law Reform Act 2016, apply in relation to 2 or more liquidators appointed by the Court, whether the liquidators were appointed before, on or after the commencement day.

Related sections

• s 1624 — Transfer of books by a controller to a new controller or ASIC
• s 1625 — Officers reporting to controller about corporation’s affairs
• s 1626 — Lodging notice of execution of a deed of company arrangement
• s 1628 — Report as to company’s affairs to be submitted to liquidator
• s 1629 — Orders for release or deregistration
• s 1630 — Meeting relating to the voluntary winding up of a company

Research how courts apply s 1627

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