Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 967

967. This Division does not, because of a dealer having become insolvent on a
particular day, entitle a person to make a claim in respect of property if:

   (a)  before that day the property had, in due course of the administration
        of a trust, ceased to be under the sole control of the dealer; or

   (b)  the Board, or the Court, is satisfied that circumstances that
        materially contributed to the dealer becoming insolvent on that day
        were due to, or caused directly or indirectly by, an act or omission
        of the person.