Insolvency Law Reform Act 2016 (11 of 2016)
Schedule 1 Amendments relating to the Insolvency Practice Schedule (Bankruptcy)
Part 2 Amendments consequential on the introduction of the Insolvency Practice Schedule (Bankruptcy)
Bankruptcy Act 1966
9 Subsection 5(1) (definition of resolution)
Repeal the definition, substitute:
resolution : a resolution is passed by creditors of a regulated debtor's estate:
(a) in a meeting - in the circumstances prescribed under paragraph 75-50(2)(k) of Schedule 2; or
(b) without a meeting - in the circumstances prescribed under paragraph 75-40(5)(b) of Schedule 2.
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