Archived Grant Opportunity View - GO1622

This opportunity arises as ASIC has received funding for the Assetless Administration Fund to fund reviewing liquidators appointed by ASIC under section 90-23 of Schedule 2 of the Corporations Act 2001 in matters where illegal phoenix activity is suspected.

• Be a registered liquidator under Part 2 of Schedule 2 of the Corporations Act for at least ten years;
• have no less than 10 external administration appointments (which includes ongoing and new appointments) in the preceding two years (excluding receiverships and Deeds of Company Arrangements (DOCA);
• have an acceptable risk profile to be included as a member on the Reviewing Liquidator Panel upon ASIC undertaking due diligence checks about the applicant and his or her application, including consideration of surveillance/investigation activities or recorded disciplinary action against the applicant, or the applicant’s financial viability and criminal records;
• have been appointed to at least three external administration appointments in the preceding two years (excluding receiverships and DOCAs); and
• satisfy the grant selection criteria as set out in section 4.2 of the Reviewing Liquidator Panel Grant Guidelines. 

The Reviewing Liquidator Panel needs to be in place by late October 2018

From $20,000.00 to $100,000.00

Applications must be received by 5.00pm, Friday 21 September 2018 (ACT time) at the following email address liqpanelaplns@asic.gov.au