Corporations Amendment (Corporate Insolvency Reforms) Regulations 2020 (F2020L01654)
Schedule 3 Simplified liquidation
Corporations Regulations 2001
5 After subregulation 5.6.39(1)
Insert:
Companies subject to the simplified liquidation process
(1A) Subregulation (1) does not apply in relation to a liquidator of a company that is subject to the simplified liquidation process.
(1B) A liquidator of a company that is subject to the simplified liquidation process must fix a single day that is 14 days after the day on which notice is given in accordance with subregulation (2), on or before which a creditor may submit particulars of his or her debt or claim.
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