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

Schedule 3   Simplified liquidation

Corporations Act 2001

9   In the appropriate position in Chapter 10

Insert:

Part 10.54 - Application provisions relating to simplified liquidation process under the Corporations Amendment (Corporate Insolvency Reforms) Act 2020

1681 Application of amendments relating to the simplified liquidation process

The amendments made by Schedule 3 to the Corporations Amendment (Corporate Insolvency Reforms) Act 2020 apply in relation to the winding up of a company because of a triggering event that occurs on or after 1 January 2021.