Corporations Amendment (Litigation Funding) Regulations 2020 (F2020L00942)

Schedule 1   Amendments

Corporations Regulations 2001

3   Subregulations 7.1.06(2A) and (2B)

Repeal the subregulations, substitute:

(2A) The following are not credit facilities:

(a) an insolvency litigation funding scheme mentioned in regulation 5C.11.01;

(b) a litigation funding arrangement mentioned in regulation 5C.11.01;

(c) a litigation funding scheme mentioned in subregulation 7.1.04N(3).