Document ID: chunk:federal_register_of_legislation:C2012A00048:clause:1_21
Version: federal_register_of_legislation:C2012A00048
Segment Type: clause
Provision Reference: sch 1 cl 21
Character Range: 10763–11314

21  Subsection 601AB(3)
Repeal the subsection, substitute:

Deregistration procedure
 (3) If ASIC decides to deregister a company under this section, it must:
 (a) give notice of the proposed deregistration:
 (i) to the company; and
 (ii) to the company's liquidator (if any); and
 (iii) to the company's directors; and
 (iv) on ASIC database; and
 (b) publish notice of the proposed deregistration in the prescribed manner.
 (3A) When 2 months have passed since the publication of the notice under paragraph (3)(b), ASIC may deregister the company.