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CORPORATE LAW REFORM ACT 1992 No. 210 of 1992 - SECT 104
Undue preference
104. Section 565 of the Corporations Law is amended:
(a) by inserting in subsection (1) "before the commencement of Part 5.7B,"
after "incurred,";
(b) by omitting paragraphs (2)(a) and (b) and substituting the following
paragraphs:
"(a) if the company was under official management at any time during the 6
months ending on the relation-back day - the day on which the official
management commenced; or
(b) otherwise - the relation-back day.";
(c) by omitting from subsection (3) everything after "bankrupt is" and
substituting "the relation-back day.";
(d) by omitting from subsection (4) "Any" and substituting "Subject to
Part 5.3A, a".
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