Corporations Amendment (Corporate Insolvency Reforms) Regulations 2020 (F2020L01654)

Schedule 2   Temporary relief for companies seeking a restructuring practitioner

Corporations Regulations 2001

3   Form 509H (note 5) of Schedule 2

Repeal the note, substitute:

5. The statutory period is 21 days or a longer period prescribed by the regulations. For a 7-month period in 2021, a longer period of 6 months is prescribed in relation to a company that is eligible for temporary restructuring relief (see the Corporations Amendment (Corporate Insolvency Reforms) Regulations 2020).