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 3   Other amendments

Corporations Act 2001

100   In the appropriate position in subsection 1317E(3)

Insert:

Subsection 588GAB(2)

preventing creditor-defeating dispositions

corporation/scheme

Subsection 588GAC(2)

procuring creditor-defeating dispositions

corporation/scheme


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).