Document ID: chunk:federal_register_of_legislation:C2024C00504:section:7:p2
Version: federal_register_of_legislation:C2024C00504
Segment Type: section
Provision Reference: s 7 (pt 2/2)
Character Range: 19149–19831

the arrangement or transaction with the intention:
 (i) of securing, or attempting to secure, that the company or trustee will be able to continue to carry on business; or
 (ii) of obtaining a financial benefit for the company or trustee;
neither subsection (1) nor subsection (2) applies to or in relation to that arrangement or transaction.
 (4) In subsection (3), a reference to a creditor of a company or trustee, in relation to an arrangement or transaction entered into by the company or trustee, shall be read as including a reference to a person (including a company) to whom money is payable by the company or trustee under, or by virtue of, the arrangement or transaction.