Corporations Amendment (Litigation Funding) Regulations 2020 (F2020L00942)
Schedule 1 Amendments
Corporations Regulations 2001
3 Subregulations 7.1.06(2A) and (2B)
Repeal the subregulations, substitute:
(2A) The following are not credit facilities:
(a) an insolvency litigation funding scheme mentioned in regulation 5C.11.01;
(b) a litigation funding arrangement mentioned in regulation 5C.11.01;
(c) a litigation funding scheme mentioned in subregulation 7.1.04N(3).
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