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Changes to how registered liquidators lodge forms with ASIC
Information for directors, employees, creditors and shareholders
Changes to how registered liquidators lodge forms with ASIC
Effective 30 March 2020, the following documents must be submitted through the ASIC Regulatory Portal:- applications for assetless administration funding
- funded supplementary s533 reports.
For more information about these changes, see Registered liquidator transactions on the ASIC Regulatory Portal.
Changes to RG 109
RG 109 has been withdrawn. The guidance relating to applications for funding from the Assetless Administration Fund is now published on the Australian Government’s grant information system GrantConnect in accordance with the Department of Finance’s requirements.
Each of the three types of funding (previously outlined in RG 109) is set out in its individual grant guidelines, and can be accessed via the following links:
To access the grant guidelines and template grant agreement (Grant Documents) for each type of grant, registration as a user on GrantConnect is required.
ASIC's responses to COVID-19
ASIC website resources
- Changes to regulatory work and priorities in response to COVID-19 for insolvency practitioners
- COVID-19 regulatory information
- New and updated regulatory documents
Assistance for small business
21-176MR ASIC provides guidance on streamlined external administration lodgements
See
INFO 29 External administration – controller appointments and schemes of arrangements - most commonly lodged form
Registering as a liquidator
See
Home > For finance professionals > Registered liquidators > Applying for and managing your liquidator registration
RG 93 Reimbursing liquidator costs
RG 258 Registered Liquidators: Registration, disciplinary actions and insurance requirements
Obligations and duties
REP 514 Response to submissions on CP 276 Registered liquidators: Registration, disciplinary actions and insurance requirements
See also
Home > Regulatory resources > Find a document > Reports > Reports on regulation of registered liquidators
Regulatory index topic: Australian companies: Winding up companies and insolvent external administration
RG 20 Disclosure of convictions and proceedings
RG 258 Registered Liquidators: Registration, disciplinary actions and insurance requirements
Reporting obligations
RG 16 External administrators—reporting and lodging
RG 174 Externally administered companies: Financial reporting and AGMs
Legislative instrument 2015/251 ASIC Corporations (Externally-Administered Bodies) (see 21-263MR; REP 703; CP 337 and submissions; and 21-009MR)
INFO 41 Insolvency: A glossary of terms
Other obligations and duties
RG 33 Security deposits
RG 81 Destruction of books
RG 82 External administration: deeds of company arrangement involving a creditors’ trust
RG 83 Reinstatement of companies
INFO 258 Continuing professional education requirements for registered liquidators
REP 428 Improving communication with directors of firms in liquidation
REP 573 Registered liquidators’ compliance with lodgement and publication requirements
ASIC's role
INFO 261 ASIC orders about creditor-defeating dispositions
RG 109 Assetless Administration Fund: Funding criteria and guidelines (withdrawn: see Changes to how registered liquidators lodge forms with ASIC above)
Ceasing to be a liquidator
Cancellation
See
For finance professionals > Registered liquidators > Changing or cancelling your liquidator registration
Disqualification
RG 258 Registered Liquidators: Registration, disciplinary actions and insurance requirements
Lodging forms and documents
Important notice: Registered liquidators can now submit certain statutory reports, all applications for assetless administration funding, and requests for ASIC's assistance in an external administration to us via the ASIC Regulatory Portal.
See
Home > For Finance professional > Registered liquidators > Registered liquidator transactions on the ASIC Regulatory Portal
RG 16 External administrators: reporting and lodging
INFO 29 External administration – controller appointments and schemes of arrangements - most commonly lodged forms
RG 64 Failure to lodge documents
RG 258 Registered Liquidators: registration, ongoing obligations and insurance
Information for directors, employees, creditors and shareholders
INFO 14 Bankruptcy and personal insolvency agreements
INFO 41 Insolvency: A glossary of terms
INFO 42 Insolvency for directors
INFO 43 Insolvency for investors and shareholders
INFO 45 Liquidation: A guide for creditors
INFO 46 Liquidation: A guide for employees
INFO 53 Directors: Obligations to external administrators
INFO 54 Receivership: A guide for creditors
INFO 55 Receivership: A guide for employees
INFO 74 Voluntary administration: A guide for creditors
INFO 75 Voluntary administration: A guide for employees
INFO 84 Independence of external administrators: A guide for creditors
INFO 85 Approving fees: A guide for creditors
Insolvency statistics
See
Home > Regulatory resources > Find a document > Statistics > Insolvency statistics
INFO 80 How to interpret ASIC insolvency statistics
See also
Home > Regulatory resources > Find a document > Reports > Reports on regulation of registered liquidators