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

Schedule 3   Simplified liquidation

Bankruptcy Act 1966

1   Subsection 20-20(5) of Schedule 2

Repeal the subsection, substitute:

(5) The committee may decide that the applicant should be registered even if the committee is not satisfied of a matter mentioned in paragraph (4)(a), (e), (f) or (i), provided the applicant would be suitable to be registered as a trustee.

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