Corporations Act 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.25 - TRANSITIONAL PROVISIONS RELATING TO THE INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

Division 3 - Application of Part 3 of the Insolvency Practice Schedule (Corporations) and related consequential amendments  

Subdivision D - Funds handling  

SECTION 1588   PAYING MONEY INTO ADMINISTRATION ACCOUNT  


Application of the Insolvency Practice Schedule (Corporations)

1588(1)    
Sections 65-5 and 65-15 of the Insolvency Practice Schedule (Corporations) do not apply in relation to money received before the commencement day.

Old regulations continue to apply to money received before commencement

1588(2)    
Paragraph 5.6.06(1)(b) of the old regulations continues to apply in relation to money received before the commencement day.


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