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Bankruptcy Act 1966
185SValidity of things done under a debt agreement that was terminated
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185S Validity of things done under a debt agreement that was terminated
If a debt agreement is terminated under section 185P, 185Q, 185QA or 185R, anything that was done in good faith under the agreement by a person before the person had notice of the termination:
(a) is valid; and
(b) cannot be voided by a trustee under section 120, 121 or 122 (whether applying of its own force or under subsection 188A(4)).
Division 6—Voiding a debt agreement