Document ID: chunk:federal_register_of_legislation:C2004A02825:body:0:p18
Version: federal_register_of_legislation:C2004A02825
Segment Type: other
Provision Reference: 
Character Range: 44723–47204

or
     (b) that the person has failed, whether within or outside the Territory, to carry out adequately and properly the duties of a liquidator in respect of the winding up of that corporation or is otherwise not a fit and proper person to remain registered as a liquidator of that corporation,
by order, cancel, or suspend for a specified period, the registration of the person as a liquidator of that corporation.
"(4) Where—
     (a) the Commission applies to the Board for a person who is registered as an auditor to be dealt with under this section; and
     (b) the person is also registered as a liquidator or as a liquidator of a specified corporation,
the Board may, in addition to making an order under sub-section (1), if it is satisfied as to any of the matters specified in paragraph (2) (a) or (b) or (3) (a) or (b), make an order cancelling, or suspending for a specified period, the registration of the person as a liquidator or as a liquidator of that corporation, as the case may be, and, where the Board makes such an order, the order shall, for the purposes of this Subdivision, be deemed to have been made under sub-section (2) or (3), as the case may be.
"(5) Where—
     (a) the Commission applies to the Board for a person who is registered as a liquidator to be dealt with under this section; and
     (b) the person is also registered as an auditor or as a liquidator of a specified corporation,
the Board may, in addition to making an order under sub-section (2), if it is satisfied as to any of the matters specified in paragraph (1) (a) or (b) or (3) (a) or (b), make an order cancelling, or suspending for a specified period, the registration of the person as an auditor or as a liquidator of that corporation, as the case may be, and, where the Board makes such an order, the order shall, for the purposes of this Subdivision, be deemed to have been made under sub-section (1) or (3), as the case may be.

"(6) Where—
     (a) the Commission applies to the Board for a person who is registered as a liquidator of a specified corporation to be dealt with under this section; and
     (b) the person is also registered as an auditor or as a liquidator,
the Board may, in addition to making an order under sub-section (3), if it is satisfied as to any of the matters specified in paragraph (1) (a) or (b) or (2) (a) or (b), make an order cancelling, or suspending for a specified period, the registration of the person as an auditor or as a liquidator,