Commonwealth Consolidated Regulations Commonwealth Consolidated RegulationsThis regulation is satisfied in relation to a company under restructuring if:
(i) paid the entitlements of its employees that are payable; and
(ii) given returns, notices, statements, applications or other documents as required by taxation laws (within the meaning of the Income Tax Assessment Act 1997 ); or
(b) the company is substantially complying with the matter concerned.
Note: Employee entitlements are defined in subsections 596AA(2)
and (3) of the Act and include superannuation contributions payable by the
company.