THE CORPORATIONS LAW

CHAPTER 11 - APPLICATION AND TRANSITIONAL PROVISIONS

PART 11.2 - COMMENCEMENT AND APPLICATION OF CERTAIN CHANGES TO THIS LAW

Division 12 - Changes resulting from the Corporate Law Economic Reform Program Act 1999

SECTION 1492   COMPULSORY ACQUISITIONS - UNCLAIMED MONEYS  

1492     If, immediately before commencement, a company holds property in trust for a person under subsection 701(11) of the old Law, the company must continue to hold the property in trust for the person in accordance with subsection 666B(2) of the new Law.




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