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BANKRUPTCY ACT 1966 - SECT 185V
Validity of things done under a debt agreement that was declared void
If a debt agreement is declared void, anything that was done in
good faith under the agreement by a person before the person had notice of the
declaration:
(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 231(2)).
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