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 1 Main amendments of the Corporations Act 2001
Corporations Act 2001
54 At the end of subsection 588H(6)
Add "This subsection does not apply to a defence in proceedings relating to a disposition of the company's property.".