IPA Submission on Insolvency Law Reform Bill 2013

The submission represents the collected views of IPA members and their firms, many of whom gave us input and/or sent their own submissions.  Thank you to those members and their firms.

According to Treasury, a second tranche of the Bill is expected to be released shortly setting out further consequential amendments to the corporate and personal insolvency legislation as a result of the reforms in the Bill, along with transitional measures. Draft regulations will also be released shortly for public consultation.

The IPA will keep members informed of the progress of the Bill, in particular when draft consequentials, transitionals and regulations are released.