Commonwealth Consolidated Regulations

CORPORATIONS REGULATIONS 2001 - REG 5.3B.61

             (1)  A restructuring plan that has been made by a company must not be varied except in accordance with this regulation.

             (2)  The Court may make an order varying a restructuring plan:

                     (a)  on its own initiative; or

                     (b)  on the application of:

                              (i)  the company; or

                             (ii)  an affected creditor; or

                            (iii)  the restructuring practitioner for the plan; or

                            (iv)  ASIC.