Document ID: chunk:federal_register_of_legislation:C2007A00132:clause:1_64
Version: federal_register_of_legislation:C2007A00132
Segment Type: clause
Provision Reference: sch 1 cl 64
Character Range: 57709–58486

64  At the end of section 422
Add:

 (4) If:
 (a) there is a managing controller in relation to property of a corporation; and
 (b) it appears to the Court that:
 (i) a past or present officer or employee, or a member, of the corporation has been guilty of an offence in relation to the corporation; or
 (ii) a person who has taken part in the formation, promotion, administration, management or winding up of the corporation has engaged in conduct referred to in paragraph (1)(b) in relation to the corporation; and
 (c) it appears to the Court that the managing controller has not lodged a report about the matter;
the Court may, on the application of a person interested in the appointment of the managing controller, direct the managing controller to lodge such a report.