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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