CLERP 8 Federal Governments Insolvency Review

  • Date:02 Apr 2002
  • Type:Policy & Advocacy: Submission
Submission to Senator Ian Campbell, Parliamentary Secretary to the Treasurer & Manager of Government Business in the Senate Treasury.
2 April 2002
Senator Ian Campbell, Parliamentary Secretary to the Treasurer & Manager of Government Business in the Senate Treasury

CLERP 8 - FEDERAL GOVERNMENT'S INSOLVENCY REVIEW

We write in support of the Government's proposed review of insolvency law to be known as CLERP 8. It is a matter that we continue to follow with keen interest.

We strongly urge that the Government's review be a broadly based one. Specifically, we request that the issues of employee entitlements and the 'clawing back' of directors' bonuses be addressed within the ambit of the review.

We look forward to participating in the insolvency review. Please do not hesitate to contact me should you have any questions.

Yours sincerely,

John Hall
Chief Executive Officer