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

96   At the end of paragraph 179AL(b)

Add:

; or (iv) a creditor-defeating disposition (within the meaning of that Act) by the body corporate.


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