Commonwealth Numbered Regulations Commonwealth Numbered Regulations(1) For the purposes of subitem 178(1) of Schedule 1 to the Insolvency Law Reform Act 2016 , that Schedule applies as if the references in Divisions 3 and 5 (other than items 169 and 175) of Part 3 of that Schedule to the commencement day were a reference to 1 September 2017.
(2) For the purposes of subitem 178(1) of Schedule 1 to the Insolvency Law Reform Act 2016 , that Schedule applies as if the definition of ongoing administration in item 102 of Part 3 of that Schedule were omitted and the following definition were substituted for the purposes of Divisions 3 and 5 of Part 3 of that Schedule:
"ongoing administration " of a regulated debtor's estate means an administration of a regulated debtor's estate that started before 1 September 2017 and ends after that day.
(3) For the purposes of subitem 178(2) of Schedule 1 to the Insolvency Law Reform Act 2016 , that Schedule applies as if Divisions 1 and 3 of Part 3 of that Schedule were modified as set out in Schedule 1 to this instrument.