Document ID: chunk:federal_register_of_legislation:F2024C01249:clause:13_1623a
Version: federal_register_of_legislation:F2024C01249
Segment Type: clause
Provision Reference: sch 13 cl 1623A
Character Range: 2379110–2379650

1623A  Transitional rules for end of control returns
 (1) Section 422B, as inserted by Schedule 2 to the Insolvency Law Reform Act 2016, applies in relation to a control of the property of a corporation that ends on or after 1 September 2017.
 (2) Despite the repeal of subsections 432(1) and (1A) of the old Act by Schedule 2 to the Insolvency Law Reform Act 2016, those subsections continue to apply, in relation to controllers that cease to be a controller of property of a corporation, if the cessation occurs before 1 September 2017.