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In forceAmended2020 Revised Edition
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Part 9A · Law Practice Entities

160. Additional grounds for winding up law corporation

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Amended

Last amended by an amending law of 2018. 2 amendments in all.

(1)

A law corporation may be wound up under the Insolvency, Restructuring and Dissolution Act 2018 on any of the following grounds:

(a)

the law corporation ceases to satisfy the requirements of this Act or the rules made under section 166 relating to a law corporation;

(b)

the business of the law corporation has been conducted in a manner unbefitting the profession.

(2)

The grounds for winding up mentioned in subsection (1) are additional to those prescribed by the Insolvency, Restructuring and Dissolution Act 2018.

(3)

An application to wind up a law corporation on a ground specified in subsection (1) may be made only by the Attorney‑General or the Council.

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