THE COURT ORDERS THAT:
1. A Registrar of the Court is to review and fix the remuneration to which the Receivers are properly entitled for the for the period from 4 June 2022 to 2 September 2022 and 3 September 2022 to 2 December 2022 under orders 5, 6, 7 and 10 made in this proceeding on 7 December 2020.
2. The Registrar will advise the Receivers if the Registrar requires further information to fix the remuneration the subject of the applications and copies of any such further information provided to the Registrar must also be provided to the Australian Securities and Investments Commission.
3. If the Registrar requests further information to fix the remuneration the subject of the application, the Receivers must provide such further information within 14 days of receipt of the Registrar’s request.
4. As soon as reasonably practicable after receipt of the further information referred to in order 3, the Registrar is to fix the remuneration the subject of the application and deliver short written reasons for their determination.
5. Within 14 days of the Registrar fixing the remuneration and delivering their written reasons under order 4, the Receivers or any other party may apply to the Court to review the Registrar’s determination and the Court may review the Registrar’s determination and fix the remuneration the subject of the application.
Original article available at: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2023/2023fca0244
For more information, see the original judgement.
