BANKRUPTCY ACT 1966

PART IX - DEBT AGREEMENTS  

Division 6 - Voiding a debt agreement  

SECTION 185V   185V   VALIDITY OF THINGS DONE UNDER A DEBT AGREEMENT THAT WAS DECLARED VOID  
If a debt agreement is declared void, anything that was done in good faith under the agreement by a person before the person had notice of the declaration:


(a) is valid; and


(b) cannot be voided by a trustee under section 120 , 121 or 122 (whether applying of its own force or under subsection 231(2) ).




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