Corporations Amendment (Corporate Insolvency Reforms) Act 2020 (130 of 2020)

Schedule 1   Restructuring of a company

Part 2   Consequential amendments

Taxation Administration Act 1953

124   Subsection 269-30(2) in Schedule 1 (table, heading to column 2)

Repeal the heading, substitute:

Column 2

and, because of paragraph 269-15(2)(b), (ba) or (c) (an administrator or a restructuring practitioner is appointed, or the company begins to be wound up), the directors stop being under the relevant obligation after …