Commonwealth Repealed Acts
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This legislation has been repealed.
CORPORATIONS LAW
- SECT 967
No claim in certain other cases
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.
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