Document ID: chunk:federal_register_of_legislation:C2021A00127:clause:2_12
Version: federal_register_of_legislation:C2021A00127
Segment Type: clause
Provision Reference: sch 2 cl 12
Character Range: 12983–13454

12  After subsection 496‑15(3)
Insert:
 (3A) Subsection (2) does not apply to a transaction or dealing affecting property of the corporation if:
 (a) the corporation has made a restructuring plan under Part 5.3B of the Corporations Act (as applied by section 522‑1 of this Act) that has not terminated; and
 (b) the restructuring plan specifies how the property is to be dealt with; and
 (c) the transaction or dealing complies with the terms of the restructuring plan.