CHAPTER 10
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TRANSITIONAL PROVISIONS
PART 10.37
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TRANSITIONAL PROVISIONS RELATING TO THE TREASURY LAWS AMENDMENT (COMBATING ILLEGAL PHOENIXING) ACT 2020
History
Pt 10.37 inserted by No 6 of 2020, s 3, Sch 2[4] (effective 18 February 2020).
SECTION 1661
APPLICATION OF AMENDMENTS
1661(1)
The amendments of section
588H
by Schedule 1 to the
Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020
apply in relation to debts incurred, and dispositions made, after the commencement of those amendments.
1661(2)
Sections
203AA
and
203AB
, as inserted by Schedule 2 to the
Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020
, apply in relation to a person
'
s resignation as a director of a company if the person stopped being a director of the company on or after the day that is 12 months after the day those sections commence.
1661(3)
Section
203CA
, as inserted by Schedule 2 to the
Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020
, applies in relation to a resolution that is to take effect on or after the day that is 12 months after the day that section commences.
History
S 1661 inserted by No 6 of 2020, s 3, Sch 2[4] (effective 18 February 2020).