Corporations Amendment (Corporate Insolvency Reforms) Act 2020 (130 of 2020)
Schedule 1 Restructuring of a company
Part 2 Consequential amendments
Corporations Act 2001
102 Section 80-1 of Schedule 2
After:
Creditors of a company under external administration may decide that there is to be a committee of inspection to monitor the administration and to give assistance to the external administrator.
insert:
Committees of inspection are not appointed for a company that is under restructuring or that has made a restructuring plan.
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