Governance Review Implementation (Treasury Portfolio Agencies) Act 2007 (74 of 2007)
Schedule 1 Amendments
Part 1 ASIC
Corporations Act 2001
16 Paragraph 588(2)(b)
Repeal the paragraph, substitute:
(b) if paragraph (a) does not apply and the property was held by the body or liquidator on trust - the Commonwealth; or
(c) otherwise - ASIC.