Treasury Laws Amendment (ALRC Financial Services Interim Report) Regulations 2023 (F2023L01458)

Schedule 1   Main amendments

Part 4   Terms relating to licensed trustee companies

Corporations Regulations 2001

80   Subregulation 5.3B.03(1)

Omit "the total liabilities of the company on the day the restructuring begins", substitute "on the day the restructuring begins the total liabilities of the company to pay any admissible debts and claims".