Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies if, in relation to a company, a year mentioned in subsection 508(1) of the old Act starts before the commencement day but ends after that day.
(2) Despite its repeal by Schedule 2 to the Insolvency Law Reform Act 2016 , section 508 of the old Act continues to apply on and after the commencement day in relation to the company for that year.