Corporations Amendment (Litigation Funding) Regulations 2020 (F2020L00942)

Schedule 1   Amendments

Corporations Regulations 2001

13   In the appropriate position in Chapter 10

Insert:

Part 10.38 - Application provisions relating to the Corporations Amendment (Litigation Funding) Regulations 2020

10.38.01 Application of amendments relating to litigation funding

(1) The amendments made by the Corporations Amendment (Litigation Funding) Regulations 2020 apply in relation to litigation funding schemes, insolvency litigation funding schemes and litigation funding arrangementsentered into on or after 22 August 2020.

(2) In this regulation:

insolvency litigation funding scheme means an insolvency litigation funding scheme mentioned in regulation 5C.11.01 (as in force on 22 August 2020).

litigation funding arrangement means a litigation funding arrangement mentioned in regulation 5C.11.01 (as in force on 22 August 2020).

litigation funding scheme means a litigation funding scheme mentioned in subregulation 7.1.04N(3) (as in force on 22 August 2020).