Document ID: chunk:federal_register_of_legislation:F2024C00490:reg:12:p13
Version: federal_register_of_legislation:F2024C00490
Segment Type: reg
Provision Reference: reg 12 (pt 13/34)
Character Range: 55256–58013

paragraph 483(3)(b) of the Corporations Act for an order for the payment of a call must be in accordance with Form 14.

7.9  Distribution of surplus by liquidator with special leave of the Court (Corporations Act s 488(2))—Form 15
 (1) The affidavit in support of an application for special leave to distribute a surplus in relation to a company must state how the liquidator intends to distribute the surplus including the name and address of each person to whom the liquidator intends to distribute any part of the surplus.
 (2) At least 14 days before the date fixed for hearing of the application, the liquidator must publish a notice of the application in a daily newspaper circulating generally in the State or Territory where the company has its principal, or last known, place of business.
 (3) The notice must be in accordance with Form 15.

7.10  Powers delegated to liquidator by the Court (Corporations Act s 488)
  Subject to the Corporations Act, the Corporations Regulations, these Rules, and any order of the Court, the powers and duties conferred or imposed on the Court by Part 5.4B of the Corporations Act in respect of the matters mentioned in subsection 488(1) of the Act may be exercised or performed by a liquidator appointed by the Court as an officer of the Court and subject to the control of the Court.

7.11  Appointment of reviewing liquidator (Insolvency Practice Schedule (Corporations) s 90‑23(8))
 (1) An application to the Court under subsection 90‑23(8) of the Insolvency Practice Schedule (Corporations) to appoint a registered liquidator to carry out a review into a matter relating to the external administration of a company must be made:
 (a) in the case of a winding up by the Court—by filing an interlocutory process seeking the relevant orders; or
 (b) in the case of a voluntary winding up—by filing an originating process seeking the relevant orders.
 (2) The application must be accompanied by the written declaration made by the proposed reviewing liquidator under section 90‑18 of the Insolvency Practice Rules (Corporations) 2016.

Division 8—Special managers (Corporations Act Part 5.4B)

8.1  Application for appointment of special manager (Corporations Act s 484)
 (1) An application by a liquidator for the appointment of a special manager in relation to a company must state the powers which, in the liquidator's opinion, should be entrusted by the Court to the special manager.
 (2) The supporting affidavit must state:
 (a) the circumstances making it proper that a special manager be appointed; and
 (b) details of the remuneration proposed to be paid to the special manager; and
 (c) whether any committee of inspection in the winding up, or a meeting of creditors, has approved the appointment of a