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 3   Other amendments

Corporations Act 2001

100   In the appropriate position in subsection 1317E(3)

Insert:

Subsection 588GAB(2)

preventing creditor-defeating dispositions

corporation/scheme

Subsection 588GAC(2)

procuring creditor-defeating dispositions

corporation/scheme