Oct 132010
 

The Australian Productivity Commission (APC) has recommended that a  taskforce be established “to identify personal and corporate  insolvency provisions and processes that could be aligned.  The case for making one regulator responsible for both areas of insolvency law should also be examined.”

This recommendation is made in the APC’s report, titled “Annual Review of Regulatory Burdens on Business: Business and Consumer Services Sector” , released yesterday.

For the APC’s discussion and recommendation concerning insolvency practitioners, see Chapter 4 – Regulatory barriers for occupations, Part 4.5, pages 169 to 176.

(The full report on the numerous business sectors examined can be found here.)

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