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

Schedule 3   Simplified liquidation

Corporations Act 2001

10   Subsection 20-20(5) of Schedule 2

Repeal the subsection, substitute:

(5) The committee may decide that the applicant should be registered even if the committee is not satisfied of a matter mentioned in paragraph (4)(a), (e), (f) or (i), provided the applicant would be suitable to be registered as a liquidator.