Corporations Act 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.6 - WINDING UP GENERALLY  

Note: This Part applies to a sub-fund of a CCIV in a modified form: see Division 5 of Part 8B.6 .

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Division 2 - Contributories  

SECTION 520  

520   PAST MEMBER: LATER DEBTS  
A past member need not contribute in respect of a debt or liability of the company contracted after the past member ceased to be a member.