A payment made, transaction entered into, or other act or thing done, in good faith, by, or with the consent of, the external manager of a health benefits fund:
(a) is valid and effectual for the purposes of this Act and the Private Health Insurance Act 2007 , and for the purposes of the Corporations Act 2001 as it applies in relation to the fund; and
(b) is not liable to be set aside in a termination of the fund.