Common Contracts
2 similar Grant Agreement contracts
ASSETLESS ADMINISTRATION FUND GRANT AGREEMENTGrant Agreement • September 30th, 2024 • Australian Capital Territory
PARTIES 1. AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION (ASIC) 2. THE PERSON/S NAMED IN ITEM 1 OF THE SCHEDULE AS THE LIQUIDATOR/S OF THE COMPANY/COMPANIES OUTLINED IN ITEM 2 OF THE SCHEDULE (LIQUIDATOR) RECITALS A. The Assetless Administration Fund (AA Fund) is a grant scheme established by the Australian Government and administered by ASIC. The AA Fund may fund liquidators to undertake a number of different activities, including actions to recover assets for the benefit of the creditors of the relevant company or companies.B. ASIC has issued the Asset Recovery (Asset Recovery) Grant Guidelines (Guidelines) in respect of its administration of the Asset Recovery grants from the AA Fund.C. The Liquidator has formed a reasonable belief that misconduct in relation to the Company/Companies outlined in Item 2 of the Schedule has occurred which caused the assets to dissipate from the Company/Companies, and there is a real prospect that assets can be recovered for
ASSETLESS ADMINISTRATION FUND GRANT AGREEMENTGrant Agreement • February 4th, 2022 • Australian Capital Territory
PARTIES 1. AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION (ASIC) 2. THE PERSON/S NAMED IN ITEM 1 OF THE SCHEDULE AS THE LIQUIDATOR/S OF THE COMPANY/COMPANIES OUTLINED IN ITEM 2 OF THE SCHEDULE (LIQUIDATOR) RECITALS A. The Assetless Administration Fund (AA Fund) is a grant scheme established by the Australian Government and administered by ASIC. The AA Fund may fund liquidators to undertake a number of different activities, including actions to recover assets for the benefit of the creditors of the relevant company or companies.B. ASIC has issued the Asset Recovery (Asset Recovery) Grant Guidelines (Guidelines) in respect of its administration of the Asset Recovery grants from the AA Fund.C. The Liquidator has formed a reasonable belief that misconduct in relation to the Company/Companies outlined in Item 2 of the Schedule has occurred which caused the assets to dissipate from the Company/Companies, and there is a real prospect that assets can be recovered for
