Liquidator compliance

This page is in the process of being updated to reflect legislative changes that apply from 1 March 2017.

 

 

Reporting matters and lodging documents

Find out more about reporting and lodging requirements for liquidators in Regulatory Guide 16 External administrators: reporting and lodging (formerly PN 50).

See also External administration - most commonly lodged forms (INFO 29)

How to lodge forms online

Registered liquidators can lodge all external administration forms online using ASIC's Registered Liquidator (EXAD) portal. Lodging online is quick, simple and streamlined.

Presentation of accounts and statement

Lodge external administration forms online

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Login to the Registered Liquidators portal

Financial reporting and AGMs

Relief is available for externally administered companies from financial reporting obligations and having to hold an annual general meeting. Read Regulatory Guide 174 Externally administered companies: Financial reporting and AGMs (RG 174).

Information Sheet 163 Financial reporting compliance by administrators of insolvent public companies (INFO 163) summarises our review of external administrators’ and registered liquidators’ compliance with the obligation to prepare audited financial reports for public companies and certain large proprietary companies and lodge them with ASIC.

Lodging unclaimed property with ASIC

Companies and liquidators must send records and money to ASIC under s668A, 1343, 544 and 414 of the Corporations Act.

See more details about lodging unclaimed property with ASIC.

Help in obtaining books, records and RATA

You can get help from ASIC if officers do not hand over company books and records or submit RATA (reports as to affairs).

See Liquidator assistance: books, records & RATA

Deeds of company arrangement involving a creditors trust

If you are appointed under Part 5.3A as a voluntary administrator or deed administrator read our Regulatory Guide 82 External Administration: Deeds of company arrangement involving a creditors trust (RG 82).

 

Assetless administration fund

We have issued a guide for registered liquidators appointed in a creditors’ voluntary winding up or a court-ordered winding up, who are seeking funding from the Assetless Administration Fund to carry out an investigation and prepare a supplementary s533 report.

Key changes have been made to the Assetless Administration Fund (the 'AA Fund') and these have been implemented into the new Regulatory Guide 109 Assetless Administration Fund: Funding criteria and guidelines (RG 109).

See Assetless administration fund for more information and to download RG 109.

Please note that these guidelines are effective as of 26 November 2009 and supersede the previous guidelines issued on 21 December 2007 which became effective as of 1 January 2008.

Accordingly you should now refer to these guidelines when considering future AA Fund applications.

Your ongoing obligations

Find out more about your ongoing obligations as a registered liquidator in Part B of the Regulatory Guide 186 External administration: Liquidator registration (RG 186).

More information

Assetless administration fund

ATO interpretive decisions on GEERS

Latest news about insolvency

Liquidator assistance: books, records & RATA

Guidance for liquidators

What's new

Industry funding

ASIC has released its Cost Recovery Implementation Statement (CRIS), which includes estimated costs for ASIC’s 2017-18 regulatory activities. 6 Oct, 17-334MR

Insolvency Law Reform Act 2016

Releases on insolvency

Liquidator registration applications

Insolvency statistics

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ASIC Corporate Insolvency Update

Published notices

View insolvency and deregistration notices on the published notices website.

Last updated: 19/09/2017 05:42