CHAPTER 10
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TRANSITIONAL PROVISIONS
PART 10.59
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APPLICATION PROVISIONS RELATING TO THE TREASURY LAWS AMENDMENT (2021 MEASURES NO. 5) ACT 2021
History
Pt 10.59 inserted by No 127 of 2021, s 3, Sch 2[35] (effective 8 December 2021).
SECTION 1686
1686
DEFINITIONS
In this Part:
amending Schedule
means Schedule 2 to the
Treasury Laws Amendment (2021 Measures No. 5) Act 2021
.
History
S 1686 inserted by No 127 of 2021, s 3, Sch 2[35] (effective 8 December 2021).
SECTION 1686A
1686A
QUALIFIED PRIVILEGE FOR RESTRUCTURING PRACTITIONERS
Section
456LA
, as inserted by the amending Schedule, applies in relation to a statement made before, on or after the commencement of that Schedule.
History
S 1686A inserted by No 127 of 2021, s 3, Sch 2[35] (effective 8 December 2021).
SECTION 1686B
1686B
PROTECTION OF PERSONS DEALING WITH RESTRUCTURING PRACTITIONER
Section
456LB
, as inserted by the amending Schedule, applies in relation to a company that is under restructuring, or a company that makes a restructuring plan, before, on or after the commencement of that Schedule.
History
S 1686B inserted by No 127 of 2021, s 3, Sch 2[35] (effective 8 December 2021).
SECTION 1686C
1686C
ELIGIBILITY CRITERIA FOR SIMPLIFIED LIQUIDATION
The amendment of paragraph
500AA(1)(g)
by the amending Schedule applies to a company if a triggering event occurs in relation to the company before, on or after the commencement of that Schedule.
History
S 1686C inserted by No 127 of 2021, s 3, Sch 2[35] (effective 8 December 2021).
SECTION 1686D
1686D
POWERS AND DUTIES OF LIQUIDATOR
The amendment of subsection
506(1A)
by the amending Schedule applies in relation to a liquidator appointed before, on or after the commencement of that Schedule.
History
S 1686D inserted by No 127 of 2021, s 3, Sch 2[35] (effective 8 December 2021).
SECTION 1686E
1686E
WITHDRAWAL OF MARKET BIDS
The amendment of subsection
652C(2)
by the amending Schedule applies in relation to restructuring practitioners appointed, or restructuring plans made, before, on or after the commencement of that Schedule.
History
S 1686E inserted by No 127 of 2021, s 3, Sch 2[35] (effective 8 December 2021).