Document ID: chunk:federal_register_of_legislation:F2016L01898:reg:4
Version: federal_register_of_legislation:F2016L01898
Segment Type: reg
Provision Reference: reg 4
Character Range: 2189–3301

4  Application provisions and modifications relating to Part 3 of the Insolvency Practice Schedule (Bankruptcy)
 (1) For the purposes of subitem 178(1) of Schedule 1 to the Insolvency Law Reform Act 2016, that Schedule applies as if the references in Divisions 3 and 5 (other than items 169 and 175) of Part 3 of that Schedule to the commencement day were a reference to 1 September 2017.
 (2) For the purposes of subitem 178(1) of Schedule 1 to the Insolvency Law Reform Act 2016, that Schedule applies as if the definition of ongoing administration in item 102 of Part 3 of that Schedule were omitted and the following definition were substituted for the purposes of Divisions 3 and 5 of Part 3 of that Schedule:
ongoing administration of a regulated debtor's estate means an administration of a regulated debtor's estate that started before 1 September 2017 and ends after that day.
 (3) For the purposes of subitem 178(2) of Schedule 1 to the Insolvency Law Reform Act 2016, that Schedule applies as if Divisions 1 and 3 of Part 3 of that Schedule were modified as set out in Schedule 1 to this instrument.