(1) For the purposes of paragraph (a) of the definition of statutory minimum in section 9 of the Act, the amount prescribed is:
(a) in relation to a company that is eligible for temporary restructuring relief--$20,000; and
(b) otherwise-- $4,000 .
(2) For the purposes of paragraph (a) of the definition of statutory period in section 9 of the Act, the period prescribed is:
(a) in relation to a company that is eligible for temporary restructuring relief--6 months; and
(b) otherwise--21 days.
(3) Paragraphs (1)(a) and (2)(a) do not apply in relation to statutory demands served on or after 1 August 2021.