Clause 82

replace subsections (3), (4), (5) and (6) with —“(3) Upon receipt of the application, the Registrar must, if satisfied that the grounds and conditions (if any) mentioned in subsection (1) have been satisfied, publish in the Gazette, and send to the company and its directors, secretaries and members, a notice —

stating that the Registrar intends to exercise the power under this section in relation to the company; and

inviting any person to show cause why that should not be done within such period as may be prescribed.(4) The Registrar must not strike the name of a company off the register under this section until after the expiration of 60 days after the publication by the Registrar in the Gazette of the notice mentioned in subsection (3).(5) If no person shows cause or sufficient cause within the period mentioned in subsection (3)(b) why the name of the company should not be struck off the register, the Registrar must strike the name of the company off the register. (6) The company is dissolved on the date and at the time when the Registrar strikes the name of the company off the register.(6A) After the Registrar strikes the name of the company off the register, the Registrar must —

publish a notice in the Gazette of the fact that the name of the company has been struck off the register, and the date and time when the name of the company has been struck off the register; and

starting on the date and time when the Registrar strikes the name of the company off the register, ensure that any person who obtains any information on the company using the electronic transaction system is also informed that the name of the company has been struck off the register.”; and

in subsection (8)(b), replace “subsections (4) and (5)” with “subsections (3) and (6A)(a)”.