Part 15A
Voluntary administration
Interface with liquidation
239ACAAct of administrator in good faith must not be set aside in liquidation
A payment made, transaction entered into, or any other act or thing done, in good faith, by or with the consent of the administrator of a company in administration, must not be set aside in a liquidation of the company.
Compare
- Corporations Act 2001 s 451C(b) (Aust)
Notes
- Section 239ACA: inserted, on , by section 6 of the Companies Amendment Act 2006 (2006 No 56).