Object reference not set to an instance of an object.
  • Home
  • >
  • News
  • >
  • Last chance for say on Insolvency Practitioners Bill
News

Last chance for say on Insolvency Practitioners Bill

05 October 2010

Submissions on the Insolvency Practitioners Bill, which has been referred to the Commerce Committee for public consultation, close on 12 October 2010 (next Tuesday).

The Bill proposes a negative licensing regime for insolvency practitioners.  Liquidators, administrators and receivers who fail to perform their duties will be liable to be stood down or placed under supervision by the Registrar of Companies.  Practitioners subject to a banning or supervision order will also be listed on a publicly accessible electronic register.

The Bill should become law in the middle of next year.

Online submissions can be made here.

If you would like to make a submission on the Bill, please feel free to discuss this with the lawyers featured.

For more information, contact our Web Editorwebeditor@chapmantripp.com+64 9 357 9622

Related people

Related services