Australian institute of Company Directors (beta)
Topic: Safe harbour
A provision of a statute or a regulation that specifies that certain conduct will be deemed not to violate a given rule, in this case trading while insolvent laws
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Governance Leadership Centre
Leading directors welcome next step on journey to safe harbour reform
14 June 2017
On the long journey to reforming Australia’s draconian insolvency laws, the Federal Government has introduced its safe harbour legislation to parliament.
Safe harbour laws will help more businesses set sail
14 June 2017 | Elizabeth Proust AO FAICD
Safe harbour reforms present an opportunity to protect jobs and value, and make Australia more attractive to the companies of the future.
Final steps to safe harbour law reform
10 May 2017 | Matthew McGirr
In significant news for all directors, the Australian Government released draft legislation for insolvency law reform that includes a proposal to introduce a safe harbour for directors from insolvent ...
Liability and Compliance
Duties and responsibilities
Proposed insolvency reforms signal good news for directors and the economy
29 March 2017
In welcome news for directors and the economy, the Federal Government has introduced draft legislation for insolvency law reform that includes a proposal to introduce a safe harbour provision.
Advocacy and policy
Are you prepared to ensure your organisation’s solvency?
29 March 2017
A new pilot program, Company Directors Course Specialisation: Ensuring Solvency, will help directors make the right calls overseeing organisations in financial stress and navigating Australia’s harsh ...