Companies (Corporate Governance, Enforcement and Regulatory Provisions) Act 2024

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Amendment of section 683 of Principal Act

54. Section 683 of the Principal Act is amended by the insertion of the following subsection after subsection (2):

“(2A) The liquidator’s obligations under this Part in respect of an insolvent company shall continue to apply to him or her until the conclusion of all proceedings relating to an application for a declaration under section 819(1) restricting a director from being a director of a company, including until the conclusion of any appeal in relation thereto.”.