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flag The Oxley Bowling Club seeks government-backed restructuring to settle tax debt and avoid closure by March 10.

flag The Oxley Bowling Club in Tamworth, NSW, is using a government-backed Small Business Restructuring (SBR) process to address an outstanding tax debt and avoid closure, with less than three weeks to submit a viable plan. flag Engaging restructuring practitioner Scott Newton from Shaw Gidley, the club aims to restructure debts under $1 million, meet compliance requirements, and explore options like debt repayment plans, asset sales, or a merger. flag Though the club has improved financially and previously sought community support via GoFundMe, it faces broader challenges common in the bowls sector. flag A proposal acceptable to both the club and the Australian Taxation Office must be finalized by March 10. flag The club, which hosts events like darts and belly dancing, has declined to comment.

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