Supreme Court (Corporations) (WA) Amendment Rules 2008 (WA)
| 3536 | GOVERNMENT GAZETTE, WA | 12 August 2008 |
JU301*
Supreme Court Act 1935
Corporations (Ancillary Provisions) Act 2001
Corporations Act 2001 (Commonwealth)
Supreme Court (Corporations) (WA)
Amendment Rules 2008
(Corporations) (WA) Rules 2004.
Made by the Judges of the Supreme Court.
1. Citation
These rules are the Supreme Court (Corporations) (WA)
Amendment Rules 2008.2. Commencement
These rules come into operation as follows:
(a) rules 1 and 2 — on the day on which these rules are published in the Gazette; (b) the rest of the rules — on the day after that day. 3. The rules amended
The amendments in these rules are to the Supreme Court
12 August 2008 GOVERNMENT GAZETTE, WA 3537 4. Rule 1.5 amended
Rule 1.5(1) is amended by deleting the definition of
"Commission".5. Rule 2.8 amended
The Table to rule 2.8(3) is amended in item 2 by deleting "of a compulsory" and inserting instead -
44 or termination of ".
6. Rule 2.15 amended
Rule 2.15 is amended by deleting "5.6.12" and inserting instead -
" 5.6.11
7. Rule 9.1 amended
(1) The note to rule 9.1(1) is deleted and the following notes are
inserted instead -Note 1: Under the Corporations Act s. 425(2)(b), the Court may
exercise its power to make an order fixing the remuneration of a receiver appointed under an instrument even if the receiver has died, or has ceased to act, before the making of the order or the application for the order.
Note 2: The amendment to the Corporations Act s. 425 made by the
Corporations Amendment (Insolvency) Act 2007 of the after 31 December 2007 - see Corporations Act s. 1480(5).
(2) Rule 9.1(6) is repealed and the following subrule is inserted
instead -
(6) An affidavit in support of the originating process, or interlocutory process, seeking the order must -
(a)
include evidence of the matters mentioned in the Corporations Act section 425(8); and
(b)
state the nature of the work performed or likely to be performed by the receiver; and
(c) state the amount of remuneration claimed; and (d)
include a summary of the receipts taken and payments made by the receiver; and
(e)
state particulars of any objection of which the receiver has received notice; and
(f)
if the receivership is continuing, give details of any matters delaying the completion of the receivership.
| 3538 | GOVERNMENT GAZETTE, WA | 12 August 2008 |
8. Rule 9.2 repealed and rules 9.2 and 9.2A inserted
Rule 9.2 is repealed and the following rules are inserted instead -
9.2. Determination by Court of remuneration of
administrator (Corporations Act s. 449E(1)(c)
and (1A)(c)) - Form 16
(1) This rule applies to an application by the administrator
of a company under administration, or of a deed of determining the administrator's remuneration.
company arrangement, for an order under the
(2) At least 21 days before filing an originating process, or
interlocutory process, seeking the order, the the order, and a copy of any affidavit on which the administrator intends to rely, on the following persons -
administrator must serve a notice in accordance with
(a)
each creditor who was present, in person or by proxy at any meeting of creditors;
(b)
each member of any committee of creditors or committee of inspection;
(c)
if there is no committee of creditors or committee of inspection, and no meeting of creditors has been convened and held, each of the 5 largest (measured by amount of debt) creditors of the company;
(d)
each member of the company whose shareholding represents at least 10% of the issued capital of the company.
(3) Within 21 days after the last service of the documents mentioned in subrule (2), any creditor or contributory may give to the administrator a notice of objection to the remuneration claimed, stating the grounds of
objection.
(4) If the administrator does not receive a notice of
objection within the period mentioned in subrule (3) -
(a) the administrator may file an affidavit, made after the end of that period, in support of the originating process, or interlocutory process, seeking the order stating -
(i) the date, or dates, when the notice and affidavit required to be served under subrule (2) were served; and
(ii) that the administrator has not received any notice of objection to the
12 August 2008 GOVERNMENT GAZETTE, WA 3539 remuneration claimed within the period
mentioned in subrule (3);
and
(b)
the administrator may endorse the originating process, or interlocutory process, with a request that the application be dealt with in the absence of the public and without any attendance by, or on behalf of, the administrator; and
(c) the application may be so dealt with.
(5) If the administrator receives a notice of objection
within the period mentioned in subrule (3), the
administrator must serve a copy of the originating
process, or interlocutory process, seeking the order on
each creditor or contributory who has given a notice of
objection.(6) An affidavit in support of the originating process, or
interlocutory process, seeking the order must -
(a)
include evidence of the matters mentioned in the Corporations Act section 449E(4); and
(b)
state the nature of the work performed or likely to be performed by the administrator; and
(c) state the amount of remuneration claimed; and (d)
include a summary of the receipts taken and payments made by the administrator; and
(e)
state particulars of any objection of which the administrator has received notice; and
(f)
if the administration is continuing, give details of any matters delaying the completion of the administration.
9.2A. Review of remuneration of administrator
(Corporations Act s. 449E(2))
(1) This rule applies to an application for review of the
amount of the remuneration of an administrator under
the Corporations Act section 449E(2).Note: The amendment to the Corporations Act s. 449E made by the Corporations Amendment (Insolvency) Act 2007 of the Commonwealth applies in relation to an administrator appointed on or after 31 December 2007 - see Corporations Act s.1480(6).
(2)
The application may be made only after the remuneration has been determined under the Corporations Act section 449E( 1 )(a) or (b) or 449E(1A)(a) or (b).
(3) At least 21 days before filing the originating process or
the interlocutory process applying for a review, the
plaintiff or applicant must serve a notice, in accordance
| 3540 | GOVERNMENT GAZETTE, WA | 12 August 2008 |
with Form 16A, of intention to apply for the review and a copy of any affidavit on which the plaintiff or applicant intends to rely (other than an affidavit
required by subrule (9)), on the following persons -
(a)
if there is a committee of creditors or a committee of inspection, each member of the committee;
(b)
if the remuneration of the administrator was determined by the creditors, each creditor who was present, in person or by proxy, at the meeting of creditors at which the remuneration was determined;
(c)
each member of the company whose shareholding represents at least 10% of the issued capital of the company.
(4) Within 21 days after the last service of the documents
mentioned in subrule (3), any person on whom the
notice has been served may serve on the plaintiff orapplicant a notice -
(a)
stating the person's intention to appear at the hearing of the applicant for review, and
(b)
setting Out the issues that the person seeks to raise before the Court.
(5) A person mentioned in subrule (3) is entitled to be
heard on the application for review, but only (unless
the Court otherwise orders) if the person has served on
the plaintiff or applicant a notice in accordance with
subrule (4).(6) If the plaintiff or applicant is served with a notice in
accordance with subrule (4), the plaintiff or applicant
must serve a copy of the originating process or
interlocutory process applying for the review on each person who has served such a notice.
(7) The administrator must file an affidavit stating the
following matters -
(a) the matters mentioned in the Corporations Act section 449E(4); (b) the nature of the work performed or likely to be performed by the administrator; (c) the amount of remuneration claimed by the administrator if that amount is different from the amount of remuneration that has been determined; (d) a summary of the receipts taken and payments made by the administrator;
12 August 2008 GOVERNMENT GAZETTE, WA 3541
(e)
particulars of any objection to the remuneration as determined, of which the administrator has received notice;
(f)
if the administration is continuing - details of any matters delaying the completion of the administration.
(8) The affidavit mentioned in subrule (7) must annex a
copy of the report that the administrator was required
to prepare before remuneration was determined.(9) The plaintiff or applicant must -
(a) file an affidavit stating whether any notice or notices under subrule (4) has or have been served; and (b) annex or exhibit to the affidavit a copy of any such notice.
9. Rule 9.3 amended
(1) Rule 9.3(3)(b) is deleted and the following paragraph is inserted
instead -(b) each member of any committee of inspection
or, if there is no committee of inspection, each of the 5 largest (measured by amount of debt) creditors of the company;
(2) Rule 9.3(7)(a) is amended by deleting "carried Out" and
inserting instead -
performed or likely to be performed ".
(3) Rule 9.3(7)(c) is amended by deleting "for the period for which
remuneration is claimed". (4) After rule 9.3(7) the following subrule is inserted - "
(8) The affidavit must also provide evidence of the matters
mentioned in the Corporations Act section 473(10) -
(a) to the extent that they may be relevant to a provisional liquidator; and (b) as if references in that subsection to "liquidator" were references to "provisional
liquidator". "
10. Rule 9.4 amended
(1) Rule 9.4(1) is amended by deleting "section 473(3)" and
inserting instead -
44
section 473(3)(b)(ii)
| 3542 | GOVERNMENT GAZETTE, WA | 12 August 20()8 |
(2) After rule 9.4(1) the following note is inserted -
Note: The amendment to the Corporations Act s. 473 made by the
Corporations Amendment (Insolvency) Act 2007 of
the or after 31 December 2007 - see Corporations Act s. 1480(7).
(3) Rule 9.4(3)(a) is amended by deleting "the meeting of
creditors;" and inserting instead -
44
any meeting of creditors at which the
remuneration of the liquidator was considered;
(4) Rule 9.4(3)(b) is amended by deleting "creditors;" and inserting
instead -
44 inspection;
(5) Rule 9.4(3)(c) is deleted and the following paragraphs are
inserted instead -"
(c)
if there is no committee of inspection, and no meeting of creditors has been convened and held, each of the 5 largest (measured by amount of debt) creditors of the company;
(d)
each member of the company whose shareholding represents at least 10% of the issued capital of the company.
(6) Rule 9.4(7) is repealed and the following subrule is inserted
instead -
"
(7) An affidavit in support of the interlocutory process
seeking the order must -
(a) include evidence of the matters mentioned in
the Corporations Act section 473(10); and(b) state the nature of the work performed or likely
to be performed by the liquidator; and(c) state the amount of remuneration claimed; and (d) include a summary of the receipts taken and
payments made by the liquidator; and(e) state particulars of any objection of which the
liquidator has received notice; and(1) if the winding up is continuing, give details of
any matters delaying the completion of the
winding up.
12 August 2008 GOVERNMENT GAZETTE, WA 3543 11. Rule 9.4A inserted
After rule 9.4 the following rule is inserted -
M 9.4A. Review of remuneration of liquidator (Corporations
Act s. 473(5) and (6) and s. 504(1))
(1) This rule applies to an application for review of the
amount of the remuneration of a liquidator under the
Corporations Act section 473(5) or (6) or 504(1).Note: The amendment to the Corporations Act s. 504 made by the Corporations Amendment (Insolvency) Act 2007
of the or after 31 December 2007 - see Corporations Act s. 1480(7).
(2) The application may only be made after remuneration has been determined under section 473(3)(a) or (b)(i), or fixed under section 495(1) or 499(3), of the
Corporations Act.
(3) At least 21 days before filing the originating process or
interlocutory process applying for a review, the
plaintiff or applicant must serve a notice, in accordance
with Form 16A, of intention to apply for the review
and a copy of any affidavit on which the plaintiff or
applicant intends to rely (other than an affidavitrequired by subrule (9)), on the following persons -
(a)
if there is a committee of inspection - each member of the committee;
(b)
if the remuneration of the liquidator was determined or fixed by the creditors - each creditor who was present, in person or by proxy, at the meeting of creditors at which the remuneration was determined or fixed;
(c) each member of the company whose shareholding represents at least 10% of the issued capital of the company.
(4) Within 21 days after the last service of the documents
mentioned in subrule (3), any person on whom the
notice has been served may serve on the plaintiff orapplicant a notice -
(a)
stating the person's intention to appear at the hearing of the application for review; and
(b)
setting Out the issues that the person seeks to raise before the Court.
(5) A person mentioned in subrule (3) is entitled to be
heard on the application for review, but only (unless
the Court otherwise orders) if the person has served on
the plaintiff or applicant a notice in accordance with
subrule (4).
| 3544 | GOVERNMENT GAZETTE, WA | 12 August 2008 |
(6) If the plaintiff or applicant is served with a notice in
accordance with subrule (4), the plaintiff or applicant
must serve a copy of the originating process or
interlocutory process applying for the review on eachperson who has served such a notice.
(7) The liquidator must file an affidavit stating the
following matters -
(a) for an application under the Corporations Act section 473(5) or (6) - the matters mentioned in the Corporations Act section 473(10); (b) for an application under the Corporations Act section 504(1) - the matters mentioned in the Corporations Act section 504(2); (c) the nature of the work performed or likely to be performed by the liquidator; (d) the amount of remuneration claimed by the liquidator if the amount is different from the amount of remuneration that has been determined or fixed; (e) a summary of the receipts taken and payments made by the liquidator; (f) particulars of any objection to the remuneration as determined or fixed of which the liquidator has received notice; (g) if the winding up is continuing - details of any matters delaying the completion of the winding up.
(8) The affidavit under subrule (7) must annex a copy of the report that the liquidator was required to prepare before remuneration was determined or fixed.
Note: For the requirement to prepare a report, see Corporations Act
s. 473(11), 473(12), 495(5), 499(6) and 499(7).
(9) The plaintiff or applicant must -
(a) file an affidavit stating whether any notice or notices under subrule (4) has or have been served; and (b) annex or exhibit to the affidavit a copy of any such notice.
12. Rule 9.5 amended
(1) Rule 9.5(3)(b) and "and" after it are deleted and the following is
inserted instead -
(b) each member of any committee of creditors or
committee of inspection or, if there is no
committee of creditors or committee of
12 August 2008 GOVERNMENT GAZETTE, WA 3545 inspection, each of the 5 largest (measured by amount of debt) creditors of the company; and
(2) Rule 9.5(7)(a) is amended by deleting "carried Out" and
inserting instead -
performed or likely to be performed ".
(3) Rule 9.5(7)(c) is amended by deleting "for the period for which
remuneration is claimed".13. l'art hA inserted
After Part 11 the following Part is inserted -M Part I IA -Warrants (Corporations Act
s. 48613 and Part 5.4B Division 3 Subdivision B)
IIA.l. Arrest of person (Corporations Acts. 486B)—
Form 17A(1) An application for the issue of a warrant under the
Corporations Act section 486B( 1) for the arrest of a
person must state the grounds for the issue of the
warrant.(2) The application must be accompanied by an affidavit
stating the facts in support of the application.(3) The warrant must be in accordance with Form 17A. (4) If a person is arrested under the warrant, the person
who carried out the arrest must immediately give
notice of the arrest to the Principal Registrar.Note: The Corporations Act s. 489A to 489E, inserted by the Corporations Amendment (Insolvency) Act 2007 of the Commonwealth, apply in relation to a warrant issued on or after
31 December 2007— see Corporations Acts. 1481(3).
14. Schedule 1 amended
(1) Schedule 1 Form 8 is amended as follows:
(a) by inserting after the paragraph beginning with "I am
not aware" the following -
IE
EITHER
I am not aware of any relevant relationship mentioned in section 60(2) of the Corporations Act 2001 of the Commonwealth.
OR
I have, or have had within the preceding 24 months, the following
relevant relationships mentioned in section 60(2) of the Corporations
Act 2001 of the Commonwealth.
[Set out all relevant relationships.]
| 3546 | GOVERNMENT GAZETTE, WA | 12 August 2008 |
(b) by inserting after the paragraph beginning with "The
hourly rates" the following -
33
Note: The requirement to disclose hourly rates should not be taken to imply that remuneration on an hourly basis is the most desirable or appropriate arrangement in every case. The Corporations Act acknowledges that another method of calculating remuneration may be appropriate (see, for example, s. 473(2) and (3)).
(2) Schedule I is amended by inserting after Form 16 the following
form -
33
Form 16A
rules 9.2A, 9.4A
Notice of intention to apply for review of remuneration
IN THE MATTER OF [company name]
ACN or ABN: [ACN or ABN of company to which proceeding relates]
TO: [name and address ofperson to whom notice is given]
TAKE NOTICE that, not less than 21 days after this notice is served
on you, I, [name and address ofproposedplaintffor applicant], the*[*administrator/* liquidator of the above company,] intend to apply to
the Court to review *the remuneration ofl*my remuneration as the *administrator/*liquidator of the company. The amount of the remuneration that has been determined or fixed is
[state the amount]. The remuneration was determined or fixed by
[state who determined or fixed the remuneration] on [state the date
when the remuneration was determined or fixed].
I intend to apply for an order to *confirm./*increase/*reduce the
remuneration.
[Set out the grounds upon which an order or orders will be sought. If
an order to increase or reduce the remuneration is sought, set out theamount by which the remuneration is sought to be increased or
reduced.]
If you wish to appear at the hearing of the application, in order to raise any issues before the Court, you must, within 21 days after being served with this notice, serve on me a notice under rule *9.2A(4)/ *9.4A(4) of the Supreme Court (Corporations) (WA) Rules 2004, stating your intention to appear at the hearing and setting out the issues that you seek to raise before the Court.
Date:
Signature ofproposed pIainIff or applicant
* Omit if not applicable
12 August 2008 GOVERNMENT GAZETTE, WA 3547
( 3 ) Schedule 1 is amended by inserting after Form 17 the following
form -Form 17A
Corporations Act 2001 (Cth) s. 486B and
Supreme Court (Corporations) (WA) Rules 2004 r. 11.1
Arrest warrant
[Title]
TO: All members and special members of the Australian Federal
Police and to all officers of the police force of the State or of that State or Territory and all of that Sheriff's officers.
WHEREAS:
* [name of company] (the Company) is being wound up in
insolvency* or
* [name of company] (the Company) is being wound up by the
Court* or
* an application has been made for [name of company] (the
Company) to be wound up
AND THE COURT IS SATISFIED THAT [name ofperson]:
(a) is about to leave Australia in order to avoid:
(i) paying money to the company* or (ii) being examined about the company's affairs* or (iii) complying with an order of the Court, or some other obligation, under Chapter 5 of the Corporations Act 2001
(Cth) in connection with the winding up* or
(b) has concealed or removed property of the Company in order to
prevent or delay the taking of the property into the liquidator's
custody or control* or (c) has destroyed, concealed or removed books of the Company or is
about to do so,
THIS WARRANT THEREFORE requires and authorises you to take
of court] and to keep *hinhj*her there pending the making of a further [name ofperson] and to bring *him/*her before the Court at [address order by the Court. property or books of the company in the possession of [name of person] and to deliver them into the custody of the Registrar of the Court to be kept by that Registrar until the Court makes an order for their disposal. Note: Section 489A of the Corporations Act 2001 of the Commonwealth provides that if the Court issues a warrant under section 486B for a person to be arrested and brought before the Court, and the person is not in prison, then the person
named in the warrant may be arrested by an officer of the police
force of the State or Territory in which the person is found, or
the Sheriff of that State or Territory or any of the Sheriff's
officers, or a member or special member of the Australian
Federal Police.
| 3548 | GOVERNMENT GAZETTE, WA | 12 August 2008 |
Date:
Signed
Judge/Registrar
* Omit if not applicable
15. Various references to "the Commission" changed to "ASIC"
Each provision listed in the Table to this rule is amended by deleting "the Commission" and inserting instead —
" ASIC ".
Ta hie
Provision Provision Provision r. 2.4(2) r. 2.4A(3)(a) r. 2.8(1) (2 places) r. 2.8(2) (2 places) r. 2.8(3) r. 2.10(1) (2 places) r. 2.10(2) (2 places) r. 3.5(b) r. 6.2(2)(a) (2 places) r. 7.1(1)
r. 7.5(3)(e)r. 7.2(2Xa) r. 7.5(1)(b) r. 7.5(3)(g)(i) r. 7.5(3)(h) r. 7.7(2Xc)
r.7.11(4)r. 7.7(3) r. 7.11(2) r. 11.2(1)(a) r. 11.2(1)(b) r. 11.3(6) (3 places) r. 11.5(3)(b) (3 places) r. 11.8(1Xa) r. 11.8(2) (2 places) r. 11.11(2) note r. 12.1 (2 places) r. 15.1 Sch. 1 Form 5 (2 places) Sch. 2 item 1(2 places) Sch. 2 item 2 Dated: 5 August 2008.
Judges' signatures:
W. S. MARTIN J. R. McKECHNIE
M. J. MURRAY C. J. L. PULLIN N. J. OWEN E. M. HEENAN C. D. STEYTLER N. JOHNSON A. J. TEMPLEMAN R. L. SIMMONDS C. A. WHEELER D. W. NEWNESS
0
0
0