Document ID: chunk:federal_register_of_legislation:C2023A00120:clause:1_27
Version: federal_register_of_legislation:C2023A00120
Segment Type: clause
Provision Reference: sch 1 cl 27
Character Range: 12888–14507

27  Section 12
Insert:
Bankruptcy Act 1966: a reference to the Bankruptcy Act 1966 or a provision of that Act is a reference to that Act or provision:
 (a) applying of its own force; or
 (b) applying, with or without modifications, because of a law of the Commonwealth, a State or a Territory.
bankruptcy trustee of a person means the trustee under the Bankruptcy Act 1966 of the person's estate in bankruptcy.
Corporations Act 2001: the reference to the Corporations Act 2001 in the definitions of insolvency practitioner and liquidator in this section is a reference to that Act:
 (a) applying of its own force; or
 (b) applying, with or without modifications, because of a law of the Commonwealth, a State or a Territory.
insolvency practitioner for an employer means:
 (a) a liquidator of the employer; or
 (b) an administrator of the employer appointed under the Corporations Act 2001; or
 (c) a restructuring practitioner for the employer appointed under that Act; or
 (d) a person appointed as a receiver of property of the employer; or
 (e) a person who has possession or control of property of the employer for the purpose of enforcing:
 (i) a charge; or
 (ii) a mortgage; or
 (iii) a lien; or
 (iv) a pledge; or
 (v) a security interest, within the meaning of the Personal Property Securities Act 2009, to which that Act applies, other than a transitional security interest within the meaning of that Act; or
 (f) a bankruptcy trustee of the employer.
liquidator means a liquidator appointed (provisionally or otherwise) under the Corporations Act 2001.
members' voluntary winding up: see subsection 121(5).