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 1   Main amendments of the Corporations Act 2001

Corporations Act 2001

32   Division 3 of Part 5.7B (heading)

Repeal the heading, substitute:

Division 3 - Duties to prevent insolvent trading and creditor-defeating dispositions

Subdivision A - Director's duty to prevent insolvent trading

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