[Maria Devoti]

Coffs has a leased property that sits on the Coffs Coast State Park. The lessee has been placed under voluntary administration. As part of the Deed of Company Arrangement the administrator has written off the rates and water outstanding prior to August 2015.

Can Council charge the outstanding rates on the State Park or are we required to write off the charges?

Any advice would be greatly appreciated.

Maria

[John Towers]

Hi Maria,

I don’t understand how the Administrator can make that decision. Was it done in conjunction with Council? If the receivership happened in August 2015 I can understand that he won’t accept charges after that date but I would have thought that the Council would remain on the books as an unsecured creditor for charges prior to that date. I’d be asking why?

As the R&C’s are the responsibility of the lessee due to it being a Crown lease unfortunately if you aren’t paid, or are only paid part, you will need to have the amounts written off.

Good luck.

JT

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