Document ID: chunk:federal_register_of_legislation:C2005C00495:clause:1_212
Version: federal_register_of_legislation:C2005C00495
Segment Type: clause
Provision Reference: sch 1 cl 212
Character Range: 77976–79028

212  Transitional—pre‑commencement deeds and compositions

(1) For the purposes of this item, if a deed of assignment or a deed of arrangement was executed by a debtor and a trustee under Part X of the Bankruptcy Act 1966 before the commencement of this item, the deed is a pre‑commencement deed.

(2) For the purposes of this item, if a composition was accepted before the commencement of this item by a special resolution of a meeting of creditors under section 204 of the Bankruptcy Act 1966, the composition is a pre‑commencement composition.

(3) Despite the repeals and amendments made by Parts 1 and 2 of this Schedule:
 (a) the Bankruptcy Act 1966 and regulations under that Act; and
 (b) the Acts amended by Part 2 of this Schedule;
continue to apply, in relation to:
 (c) a pre‑commencement deed; and
 (d) a pre‑commencement composition; and
 (e) any matter connected with, or arising out of:
 (i) a pre‑commencement deed; or
 (ii) a pre‑commencement composition;
as if those repeals had not happened and those amendments had not been made.