RG 60
Schemes of arrangement
Issued September 2020. This is a guide for companies and their advisers involved in, or affected by, schemes of arrangement between a company and its members under Pt 5.
In plain English
RG 60 explains schemes of arrangement, a process for companies to restructure with member approval.
RG 60 guides companies and advisors on schemes of arrangement under Pt 5. It explains the process, court approvals, and member rights. It was issued in September 2020 and remains current. Companies considering this restructuring process should review this guide.
Why it matters
If your company needs to restructure and requires member agreement, RG 60 clarifies the legal steps and considerations. Understanding this guide helps ensure a compliant and legally sound process.
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Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-60-schemes-of-arrangement/. Rules Mate indexes + summarises; always verify against the regulator's live publication.