Document ID: chunk:federal_register_of_legislation:F2022C01140:body:0:p56
Version: federal_register_of_legislation:F2022C01140
Segment Type: other
Provision Reference: 
Character Range: 153955–157063

or for the administrator in relation to the external administration;
           (c) any third parties in relation to whom an expense relating to the external administration has been incurred.

       90‑24  Reporting by reviewing liquidators

        (1) The report on a review must be prepared in the manner, and with the content, as agreed between the reviewing liquidator and the person or body who made the appointment. Notice that the report has been prepared must be given to the creditors by the reviewing liquidator as soon as practicable.

        (2) Subject to subsections (3) and (4), copies of the report must be:
           (a) provided to the external administrator, the committee of inspection (if any) and ASIC; and
           (b) tabled at the next meeting of creditors (if any).

        (3) If the reviewing liquidator was appointed by ASIC, the report must not be provided to a committee of inspection without the approval of ASIC.

        (4) If the reviewing liquidator was appointed by the Court, the report is to be provided to the persons or bodies, and in the manner, as ordered by the Court.

Part 5—Transitional matters

Division 110—Transitional matters relating to the Insolvency Practice Rules (Corporations) Amendment (Restricting Related Creditor Voting Rights) Rules 2018

110‑1  Meeting procedures in relation to creditors who have been assigned debts

         The amendments of sections 75‑95 and 75‑110 made by Schedule 1 to the Insolvency Practice Rules (Corporations) Amendment (Restricting Related Creditor Voting Rights) Rules 2018 apply in relation to meetings convened on or after the commencement of that Schedule.

110‑2  Voting procedures in relation to creditors who have been assigned debts
  The amendment of section 75‑130 made by Schedule 1 to the Treasury Laws Amendment (Miscellaneous Amendments) Instrument 2020 applies in relation to proposals put to the creditors of a company by giving notice under section 75‑40 of the Insolvency Practice Schedule (Corporations) on or after the commencement of the first‑mentioned Schedule.

Division 115—Transitional matters relating to Schedule 1 to the Insolvency Practice Rules (Corporations) Amendment (Corporate Insolvency Reforms) Rules 2020

115‑1  Application of amendments relating to liquidator registration conditions
  The amendment of section 20‑5 of the Insolvency Practice Rules (Corporations) 2016 made by Schedule 1 to the Insolvency Practice Rules (Corporations) Amendment (Corporate Insolvency Reforms) Rules 2020 applies in relation to a person who is a registered liquidator regardless of whether the person's registration began, or was renewed, before, on or after the commencement of that Schedule.

Division 120—Transitional matters relating to Schedule 2 to the Insolvency Practice Rules (Corporations) Amendment (Corporate Insolvency Reforms) Rules 2020

120‑1  Definitions
  In this Division:
amending Rules means the Insolvency Practice Rules (Corporations) Amendment (Corporate Insolvency Reforms) Rules 2020.
commencement day means the day on which Schedule 2 to the amending Rules