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 2 Consequential amendments of other Acts
Banking Act 1959
80 At the end of paragraph 14CA(b)
Add:
; or (iv) a creditor-defeating disposition (within the meaning of that Act) by the body corporate.