Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 (6 of 2020)

Schedule 1   Phoenixing offences and other rules about property transfers to defeat creditors

Part 2   Consequential amendments of other Acts

Insurance Act 1973

94   At the end of paragraph 62ZOL(b)

Add:

; or (iv) a creditor-defeating disposition (within the meaning of that Act) by the body corporate.