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

Schedule 1   Restructuring of a company

Part 2   Consequential amendments

Corporations Act 2001

97   After subsection 70-10(3) of Schedule 2

Insert:

(3A) Subsection (2) does not apply if the company is under restructuring or has made a restructuring plan that has not yet terminated.