128ASimplified outline

128A  Simplified outline   The following is a simplified outline of this Subdivision: • This Subdivision enables the recovery of superannuation contributions made to defeat the bankrupt’s creditors. • There are 2 types of recoverable contributions:  (a) contributions made by a person who later becomes a bankrupt (see section 128B);  (b) contributions made by a third party for the benefit of a person who later becomes a bankrupt (see section 128C). • Superannuation accounts may be frozen for up to 180 days pending the taking of recovery action under section 139ZQ or 139ZU.