Document ID: chunk:federal_register_of_legislation:C2007A00132:clause:1_60
Version: federal_register_of_legislation:C2007A00132
Segment Type: clause
Provision Reference: sch 1 cl 60
Character Range: 21737–23670

60  Declaration of relevant relationships

Administrator

 (1) In this Act, a declaration of relevant relationships, in relation to an administrator of a company under administration, means a written declaration:
 (a) stating whether any of the following:
 (i) the administrator;
 (ii) if the administrator's firm (if any) is a partnership—a partner in that partnership;
 (iii) if the administrator's firm (if any) is a body corporate—that body corporate or an associate of that body corporate;
  has, or has had within the preceding 24 months, a relationship with:
 (iv) the company; or
 (v) an associate of the company; or
 (vi) a former liquidator, or former provisional liquidator, of the company; or
 (vii) a person who is entitled to enforce a charge on the whole, or substantially the whole, of the company's property; and
 (b) if so, stating the administrator's reasons for believing that none of the relevant relationships result in the administrator having a conflict of interest or duty.

Liquidator

 (2) In this Act, a declaration of relevant relationships, in relation to a liquidator of a company, means a written declaration:
 (a) stating whether any of the following:
 (i) the liquidator;
 (ii) if the liquidator's firm (if any) is a partnership—a partner in that partnership;
 (iii) if the liquidator's firm (if any) is a body corporate—that body corporate or an associate of that body corporate;
  has, or has had within the preceding 24 months, a relationship with:
 (iv) the company; or
 (v) an associate of the company; or
 (vi) a former liquidator, or former provisional liquidator, of the company; or
 (vii) a former administrator of the company; or
 (viii) a former administrator of a deed of company arrangement executed by the company; and
 (b) if so, stating the liquidator's reasons for believing that none of the relevant relationships result in the liquidator having a conflict of interest or duty.