INFO 46
Liquidation: A guide for employees
This is Information Sheet 46 (INFO 46). It provides information for employees of companies in liquidation.
In plain English
INFO 46 explains what happens when a company goes into liquidation, specifically for employees.
This guide, INFO 46, is from ASIC. It explains liquidation to employees of companies. It covers entitlements, pay, and what to expect. It doesn't apply to individuals, just employees. The guide was last updated in December 2023.
Why it matters
If your business is facing liquidation, this guide helps you communicate with employees. Understanding their rights and entitlements is important for a smooth process and managing potential disputes.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/insolvency/insolvency-for-employees/liquidation-a-guide-for-employees/. Rules Mate indexes + summarises; always verify against the regulator's live publication.