Applying for and managing your liquidator registration

To apply for registration as a liquidator, you must lodge an application form with supporting documents.

Due to the small number of applications, we do not offer electronic lodgement.

Before you start preparing your application take the time to thoroughly read our Regulatory Guide 258?Registered Liquidators: Registration, disciplinary actions and insurance requirements (RG 258).

You should also read the important changes to applying for and maintaining registration as a liquidator from 1 January 2021. If you are applying to practise only as a restructuring practitioner for a company or for a restructuring plan, this also includes information about the skills and experience that ASIC considers may be relevant to performing the functions and duties relevant to these roles.

Before you submit your application

When you submit your application, use the Liquidator registration checklist to ensure you include all the information required.

Please download the following liquidator registration documents when preparing your application.

Your application must be made in the approved form, which means it must be made in Form 903B, include the information, statements, explanations or other matters required by Form 903B and be accompanied by other material required by Form 903B.

You will be invoiced for the prescribed fee after your application has been accepted for lodgement. See Information Sheet 30:?Fees for commonly lodged documents (INFO 30)?for fee details.

For the period 1 January 2021 to 30 June 2022 there are no fees for the first application for registration as a registered liquidator lodged by you in a calendar year. An application fee will apply for any second and subsequent applications for registration in a calendar year.

Referral to committee

If your application is in the approved form, it will be referred to a committee. The committee will only decide that a person should be registered as a liquidator if the committee is satisfied that the person meets the criteria for registration.

Registration

ASIC will register a person as a liquidator if the committee decides that the person should be registered and the person produces evidence in writing to ASIC that the person has taken out adequate and appropriate professional indemnity and fidelity insurance against the liabilities the person may incur working as a registered liquidator.

ASIC registers a person as a liquidator by entering the person's details on the Register of Liquidators. After registering the person as a liquidator, ASIC will give the person a certificate of registration. The registration is subject to the current conditions imposed on the registered liquidator and has effect for 3 years.

Where should you send your application?

Send a scanned copy of all supporting documents and a scanned copy of the signed application form by email to: LiquidatorRegistrationProofs@www.pthybec.com. The size limit of each email we will accept is 10 MB. If necessary, to meet size limits, please send multiple emails containing supporting documents. Make sure that you include the applicant name in the subject line of each email.

For more information about the registration process please contact us online or phone us on 1300 300 630.

Related information

More about registered liquidators

What's new

Insolvency reforms commence on 1 January 2021

Reforms to corporate insolvency laws commence on 1 January 2021 for companies with liabilities less than $1 million.? These reforms include:

  • a new debt restructuring process for incorporated businesses
  • a new, simplified liquidation pathway for small businesses, and
  • a new class of registered liquidator who can only undertake the debt restructuring process.

Download:

Industry funding

The Government introduced laws that change the way ASIC is funded. Regulated entities receive an invoice for ASIC’s regulatory services delivered in the prior year. Find out what this means for registered liquidators.

Quicklinks

Sign up for

ASIC Corporate?Insolvency Update

Published notices

View insolvency and deregistration notices on the?published notices website.

What's new

Insolvency reforms commence on 1 January 2021

Reforms to corporate insolvency laws commence on 1 January 2021 for companies with liabilities less than $1 million.? These reforms include:

-a new debt restructuring process for incorporated businesses

-a new, simplified liquidation pathway for small businesses, and

-a new class of registered liquidator who can only undertake the debt restructuring process.

Corporations Amendment (Corporate Insolvency Reforms) Act 2020

Corporations Amendment (Corporate Insolvency Reforms) Regulations 2020

Insolvency Practice Rules (Corporations) Amendment (Corporate Insolvency Reforms) Rules 2020

?

Industry funding

The Government has introduced new laws that change the way ASIC is funded. Regulated entities will receive an invoice for ASIC’s regulatory services delivered in the prior year. Find out what this means for registered liquidators.

?

Quicklinks

Insolvency Law Reform Act 2016

Releases on insolvency

Liquidator registration applications

Registered liquidator disciplinary decisions

Insolvency statistics

AFSA - ARITA - ASIC joint liaison meetings

?

Sign up for:

ASIC Corporate?Insolvency Update

Published notices

View insolvency and deregistration notices on the?published notices website.

Last updated: 31/12/2020 12:34
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