Insolvency resolution process costs and creditor participation rules are tightened through new committee approval and disclosure requirements. The amendment requires that the eighteen largest operational creditors be unrelated operational creditors, includes all such creditors where fewer than eighteen exist, and provides for observer participation by specified unrelated operational creditors where non-bank and non-public financial institution creditors hold more than sixty-six per cent voting share. It also tightens approval of insolvency resolution process costs through first-meeting approval, a Going Concern Assessment Report, and prior committee approval for later costs. The committee must further record reasons on feasibility, viability, realisable value, and market discovery when approving resolution plans.