Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW- SECT 1463

Indemnification of trustee or representative for transfer of scheme property
If the undertaking becomes a registered scheme but the trustee or representative does not become the responsible entity of the scheme, the trustee or representative is entitled to be indemnified out of the scheme property for reasonable expenses incurred in transferring the scheme property to the responsible entity.



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