Corporations Act 2001
Note: This Part applies to a sub-fund of a CCIV in a modified form: see Division 3 of Part 8B.6 (for provisions relating to Division 2B ), Division 5 of Part 8B.6 (for provisions relating to Divisions 2 and 2A ) and Division 6 of Part 8B.6 (for provisions relating to Divisions 3 , 4 , 5 and 6 ).
View history note
Hide history noteAn amount recovered in proceedings under section 588M in relation to the incurring of a debt, or the disposition of property, by a company is to be taken into account in working out the amount (if any) recoverable in:
(a) any other proceedings under that section in relation to the incurring of the debt or the disposition of the property; and
(b) proceedings under section 596ACA in relation to a contravention of subsection 596AC(1) , (2) , (3) or (4) that is linked to the incurring of the debt or the disposition of the property.
[ CCH Note: There is no section 588O.]
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