Rules Mate

RG 81

External administration: Early destruction of books

Issued 31 July 2023. This guide is for external administrators making applications under s70-35 of Sch 2 to the Corporations Act.

In plain English

This guide explains how external administrators can apply to destroy company books early.

RG 81 assists external administrators. It covers applications under s70-35 of Sch 2 to the Corporations Act. It was issued on 31 July 2023. It explains the process for early destruction of company books during external administration.

Why it matters

If you're an external administrator, understand this guide. It clarifies the rules for destroying company records. This can streamline your processes and reduce storage costs.

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Issuing regulator

ASIC

Topics


Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-81-external-administration-early-destruction-of-books/. Rules Mate indexes + summarises; always verify against the regulator's live publication.