TASIn ForceAct
Corporations (Tasmania) Act 1990
57Companies Liquidation Account
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### 57 Companies Liquidation Account
> > (1) In this section,
> >
> > > ***relevant money*** means –
> > >
> > > > > (a) money that, immediately before the commencement of this section, stood to the credit of the Companies Liquidation Account established by [section 428 of the](/view/html/inforce/2026-04-12/act-1982-007#GS428@EN) [Companies (Tasmania) Code](/view/html/inforce/2026-04-12/act-1982-007) ; and
> > > >
> > > > > (b) money that, after the commencement of this section, is paid into the Companies Liquidation Account under provisions of the [Companies (Tasmania) Code](/view/html/inforce/2026-04-12/act-1982-007) that are taken to continue in force after the commencement of Chapter 5 of the Corporations Law for the purposes of windings up started before the commencement of that Chapter.
>
> > (2) Relevant money is to be dealt with in accordance with [section 427 of the](/view/html/inforce/2026-04-12/act-1982-007#GS427@EN) [Companies (Tasmania) Code](/view/html/inforce/2026-04-12/act-1982-007) .