Treasury Laws Amendment (2021 Measures No. 5) Act 2021 (127 of 2021)
Schedule 2 Consequential and transitional matters arising from corporate insolvency reforms
Corporations (Aboriginal and Torres Strait Islander) Act 2006
12 After subsection 496-15(3)
Insert:
(3A) Subsection (2) does not apply to a transaction or dealing affecting property of the corporation if:
(a) the corporation has made a restructuring plan under Part 5.3B of the Corporations Act (as applied by section 522-1 of this Act) that has not terminated; and
(b) the restructuring plan specifies how the property is to be dealt with; and
(c) the transaction or dealing complies with the terms of the restructuring plan.
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