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Corporations Amendment (Statutory Minimum) Regulations 2021

The Assistant Treasurer has made the Corporations Amendment (Statutory Minimum) Regulations 2021, which is now available on the Federal Register of Legislation.

The regulations enact the Government’s commitment, made during the 2021 Budget process, to increase the threshold at which a creditor can issue a statutory demand on a company from $2000 to $4000. The increase will come into effect from 1 July 2021.

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