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CORPORATIONS ACT 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.25 - TRANSITIONAL PROVISIONS RELATING TO THE INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

Division 3 - Application of Part 3 of the Insolvency Practice Schedule (Corporations) and related consequential amendments    View history reference

Subdivision D - Funds handling    View history reference

SECTION 1588  PAYING MONEY INTO ADMINISTRATION ACCOUNT  

 View history reference

Application of the Insolvency Practice Schedule (Corporations)

1588(1)  

Sections 65-5 and 65-15 of the Insolvency Practice Schedule (Corporations) do not apply in relation to money received before the commencement day.

Old regulations continue to apply to money received before commencement

1588(2)  

Paragraph 5.6.06(1)(b) of the old regulations continues to apply in relation to money received before the commencement day.

[CCH Note: Regulation Sch 13, item [9] (which was effective 1 March 2017) provides that s 1588(2) (heading) is amended as follows:

Repeal the heading, substitute:
Old regulations continue to apply to money received before 1 September 2017
]

 



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