Clause 81

in subsection (1), replace “30 days” with “15 days”;

in subsection (2), replace “one month from” with “15 days after”;

replace subsections (4) and (5) with —“(4) At the expiration of the period mentioned in the notice, the Registrar may, unless cause to the contrary is previously shown, strike the name of the company off the register.(5) The company is dissolved on the date and at the time when the Registrar strikes the name of the company off the register.(5A) 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.(5B) Despite the dissolution of the company under subsection (5), the liability (if any) of every officer and member of the company continues and may be enforced as if the company had not been dissolved.(5C) Nothing in this section affects the power of the Court to wind up a company the name of which has been struck off the register.”; and

in subsection (7)(b), replace “(4)” with “(5A)(a)”.