Treasury Laws Amendment (2021 Measures No. 5) Act 2021 (127 of 2021)

Schedule 2   Consequential and transitional matters arising from corporate insolvency reforms

Corporations (Aboriginal and Torres Strait Islander) Act 2006

11   After subsection 496-10(2)

Insert:

(2A) Subsection (1) does not apply to the extent to which the person is performing or exercising, or purporting to perform or exercise, a function or power as restructuring practitioner for a restructuring plan made by the corporation under Part 5.3B of the Corporations Act (as applied by section 522-1 of this Act).

Note: A defendant bears an evidential burden in relation to the matter in subsection (2A) (see subsection 13.3(3) of the Criminal Code).


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