Corporations Amendment (Insolvency) Act 2007 (132 of 2007)
Schedule 4 Fine-tuning voluntary administration
Part 3 Liquidation following administration
Corporations Act 2001
64 At the end of subsection 553(1A)
Add:
Note 3: A debt or claim admissible to proof under subsection (1A) will only be covered by paragraph 556(1)(a) if the administrator of the deed is personally liable for the debt or claim (see subsection 556(1AA).
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