Document ID: chunk:federal_register_of_legislation:C2025C00185:section:553:p2
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 553 (pt 2/2)
Character Range: 1859042–1859996

A debt or claim admissible to proof under subsection (1A)(c) will only be covered by paragraph 556(1)(a) if the restructuring practitioner for the plan is personally liable for the debt or claim (see subsection 556(1AAB)).
 (1B) For the purposes of applying the other sections of this Division, the relevant date for the debt or claim is:
 (a) if it is a debt or claim that is admissible to proof under paragraph (1A)(a)—the date on which the deed terminates; and
 (b) if it is a debt or claim that is admissible to proof under paragraph (1A)(b)—the date on which the restructuring ends; and
 (c) if it is a debt or claim that is admissible to proof under paragraph (1A)(c)—the date on which the plan terminates.
 (2) Where, after the relevant date, an order is made under section 91 of the ASIC Act against a company that is being wound up, the amount that, pursuant to the order, the company is liable to pay is admissible to proof against the company.