Corporations Amendment (Corporate Insolvency Reforms) Act 2020 (130 of 2020)

Schedule 1   Restructuring of a company

Part 2   Consequential amendments

Corporations Act 2001

102   Section 80-1 of Schedule 2

After:

Creditors of a company under external administration may decide that there is to be a committee of inspection to monitor the administration and to give assistance to the external administrator.

insert:

Committees of inspection are not appointed for a company that is under restructuring or that has made a restructuring plan.