Coronavirus Economic Response Package Omnibus Act 2020 (22 of 2020)
Schedule 12 Temporary relief for financially distressed individuals and businesses
Part 1 Amendments relating to individuals in financial distress
Bankruptcy Regulations 1996
17 After regulation 4.10
Insert:
4.10A Temporary increase to the default period
(1) For the purposes of paragraph (a) of the definition of default period in subsection 5(1) of the Act, the period prescribed is 6 months.
(2) This regulation is repealed at the end of the period of 6 months starting on the day this regulation commences.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
