You will require this registration if you intend to become an authorised liquidator, dealing with insolvency and identifying and selling all the assets associated with a business entity.
You may be registered as an official liquidator or liquidator of a specified body corporate.
Please consult the Contact Officer for more information.
A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.
To be eligible for registration you must:
- Be eligible to be a member of a recognised Accounting industry body in Australia, or its international equivalent;
- Meet approved competency standards; and/or have practical experience;
- Provide proof of sufficient indemnity insurance;
- Be capable of performing the duties of a liquidator; and
- Be a fit and proper person to be registered as a liquidator.
Practical experience includes:
- At least 5 years in public practice;
- Having obtained a wide range of experience in external corporate administrations under the direction of an official liquidator for a continuous period of not less than 3 years, including windings up, receiverships, reconstructions and voluntary administrations; and
- Having supervised external corporate administrations on a full-time basis for at least 2 consecutive years during the last 5 years (immediately prior to the date of your application).
Please consult the Contact Officer for more information regarding eligibility requirements.
Ongoing registration until cancelled.
Further fees may apply. Please consult the Contact Officer for more information.
Apply for registration as a liquidator of a specific body corporate:
Australian Securities and Investments Commission
Investors and Financial Consumers
Corporations Act 2001 (Australian Government)
Corporations Regulations 2001 (Australian Government)
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