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Current Grant Opportunity View - GO7475

Abandoned Company Liquidator Panel

Contact Details

Companies and Small Business Team

:

GO ID:
GO7475
Agency:
Australian Securities and Investments Commission
Close Date & Time:
28-Feb-2025 5:00 pm (ACT Local Time)
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Internal Reference ID:
Abandoned Company Liquidator Panel
Primary Category:
151004 - Legal Services
Secondary Category:
261002 - Small Business
Publish Date:
16-Jan-2025
Location:
ACT, NSW, VIC, SA, WA, QLD, NT, TAS
Selection Process:
Open Competitive

Description:

ASIC is seeking to establish a new panel of registered liquidators who are prepared to accept appointments as liquidator of abandoned companies. 

This grant opportunity is part of the Assetless Administration Fund (AAF) which contributes to ASIC’s outcomes of establishing a panel of suitably qualified and experienced registered liquidators to perform the services of winding up a company where ASIC considers it is likely to assist employees to access their unpaid employee entitlements under the FEG Act or likely to result in regulatory benefit to ASIC and the wider community, after ASIC has ordered the winding up of a company under Part 5.4C of the Corporations Act 2001.

Eligibility:

To be eligible for a grant you must be appointed liquidator of a company by ASIC:

  • under Part 5.4C of the Corporation Act; and
  • be a Panel menber.

To be eligible for the Panel you must:

  • be a registered liquidator under Part 2 of Schedule 2 of the Corporation Act and be able to provide the services in at least one or more State or Territory;
  • have been a registered liquidator for five or more years;
  • have an Australian Business Number (ABN); and
  • be a permanent resident of Australia.
Grant Activity Timeframe:

The Abandoned Company Liquidator Panel needs to be in place by 6 July 2025.

Total Amount Available (AUD):

$16,500.00

Instructions for Application Submission:

Applications must be received by email to liqpanelaplns@asic.gov.au prior to 5pm AEDT on 28 February 2025

Other Instructions:

Nil

Contact Details

Companies and Small Business Team

: