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
Life Insurance Act 1995
95 Subsections 179(3) and 179AK(3)
After "588G", insert ", 588GAB or 588GAC".