Corporations Amendment (Corporate Insolvency Reforms) Act 2020 (130 of 2020)
Schedule 1 Restructuring of a company
Part 2 Consequential amendments
Corporations Act 2001
50 Subsection 553(1B)
Repeal the subsection, substitute:
(1B) For the purposes of applying the other sections of this Division, the relevant date for the debt or claim is:
(a) if it is a debt or claim that is admissible to proof under paragraph (1A)(a) - the date on which the deed terminates; and
(b) if it is a debt or claim that is admissible to proof under paragraph (1A)(b) - the date on which the restructuring ends; and
(c) if it is a debt or claim that is admissible to proof under paragraph (1A)(c) - the date on which the plan terminates.
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