Commonwealth Numbered Acts

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BANKRUPTCY AMENDMENT ACT 1987 No. 119 of 1987 - SECT 45

Protection of certain transactions against relation back etc.
45. (1) Section 123 of the Principal Act is amended by omitting from
subsection (6) "Nothing" and substituting "Subject to section 121, nothing".

(2) The amendment made by subsection (1) applies in relation to a conveyance,
transfer, charge, disposition, assignment, payment or obligation executed,
made or incurred by a debtor after the commencement of this section. 


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