Victorian Numbered Acts Victorian Numbered ActsIf a funeral provider which is a body corporate is commenced to be wound up or a receiver or receiver and manager is appointed for a funeral provider which is a body corporate—
(a) any pre-paid funeral contract to which the funeral provider was a party is deemed to have been terminated immediately before that commencement or appointment; and
(b) any assignment or transfer to the funeral provider of any investment or any interest in an investment by any other party to the contract or any promise by any other party to the contract to assign or transfer an investment or any interest in an investment to the funeral provider is deemed to have been cancelled immediately before that commencement or appointment.