Circumstances in which company may be wound up voluntarily
(1) Subject to section 490, a company may be wound up voluntarily if the company so resolves by special resolution. (2) A company must: (a) within 7 days after the passing of a resolution for voluntary winding up, lodge with the Registrar a notice setting out the text of the resolution; and (b) within the period ascertained in accordance with the regulations, cause a notice setting out the prescribed information about the resolution to be published in the prescribed manner. (3) A lodgement under paragraph (2)(a) must meet any requirements of the data standards.
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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