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Bruce Mulvaney & Co​

 

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Hawthorn, Vic, 3122

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August 1, 2018

The new Safe Harbour Legislation is designed to:

“ drive cultural change amongst company directors by encouraging them to keep control of their company, engage early with possible insolvency and take reasonable risks to facilitate the company’s recovery instead of simply placing the company prematurely into voluntary administration or liquidation.”

The emphasis is therefore on finding solutions to produce positive outcomes.

Additionally Safe Harbour is a form of protection f...

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