Commonwealth Consolidated Acts

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BANKRUPTCY ACT 1966 - SECT 185S

Validity of things done under a debt agreement that was terminated

                   If a debt agreement is terminated under section 185P, 185Q, 185QA or 185R, anything that was done in good faith under the agreement by a person before the person had notice of the termination:

                     (a)  is valid; and

                     (b)  cannot be voided by a trustee under section 120, 121 or 122 (whether applying of its own force or under subsection 188A(4)).



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