Inducement to be appointed liquidator etc. of company
(1) A person must not give, or agree or offer to give, to another person any valuable consideration with a view to securing the first‑mentioned person’s own appointment or nomination, or to securing or preventing the appointment or nomination of a third person, as: (a) a liquidator or provisional liquidator of a company; or (b) an administrator of a company; or (c) an administrator of a deed of company arrangement executed, or to be executed, by a company; or (ca) a restructuring practitioner for a company; or (cb) a restructuring practitioner for a restructuring plan made, or to be made, by a company; or (d) a receiver, or a receiver and manager, of property of a company; or (e) a trustee or other person to administer a compromise or arrangement made between a company and any other person or persons. (2) An offence based on subsection (1) is an offence of strict liability. Note: For strict liability, see section 6.1 of the Criminal Code.
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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