ASIC reminds directors their duties still apply despite temporary COVID-19 relief from ‘insolvent trading’

ASIC Commissioner: John Price published an article on 16 April 2020 reminding directors that the rest of their general duties continue to apply, despite the 6 month temporary relief from insolvent trading in the Coronavirus Economic Response Package Omnibus Bill 2020.

See below for details.

[Tax Month – April 2020]