IPA's ten submissions made in 2010

We at the IPA have had a number of submissions to lodge with government on questions of insolvency law and practice since the beginning of this year - nine in all. They are summarised in this schedule.

Topic of submissionTo whom By when 
Phoenix reformsTreasuryFri 15 Jan. Submission lodged.
Insolvent trading guideASICFri 22 Jan Submission lodged.
PPS – Corporations Act changesA-GsFri 22 Jan Submission lodged.


Bankruptcy Legislation Amendment Bill 2009




Bankruptcy remuneration regulations

Senate Committee







IPA gave evidence at the hearing on 28 Jan - see


The Committee has reported, on 24 February 2010 - see enclosed. We now await the progress of the Bill and will keep members advised.


Submission lodged. Fri 29 January

Security for costsNSW Law Reform Commission

Fri 26 Feb

Submission lodged.

Insolvency industrySenate Committee

Fri 12 Feb

Submission lodged.

Productivity gains through common rulesProductivity Commission

Fri 26 Feb

Submission lodged.

Co-operatives lawNSW Fair Trading

Fri 26 Feb

Submission lodged.


We have also made a joint submission on the insolvent trading proposals, on 2 March 2010.

We have also been asked for our views on an Exposure Draft Associations Incorporations Amendment Bill 2010 (Vic), by 31 March 2010.


Throughout 2009, we made submissions on a range of issues including OH&S law, anti-money laundering, insolvent trading, GST and CGT law, personal property securities, cross-border insolvency laws, court rules, and drafting errors and improvements in legislation.

As always, if members want to have their views taken into account on any of these submissions, please let us know.

Michael Murray IPA Legal Director [email protected]