Restructuring practitioner must be registered liquidator
(1) A person must not consent to be appointed, and must not act as restructuring practitioner for a company or for a restructuring plan. (2) Subsection (1) does not apply if the person is a registered liquidator. Note: A defendant bears an evidential burden in relation to the matter in subsection (2), see subsection 13.3(3) of the Criminal Code. (3) An offence based on subsection (1) is an offence of strict liability.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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