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Insolvency Law Reform Act 2016
1588Paying money into administration account
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1588 Paying money into administration account
(1) Sections 65‑5 and 65‑15 of the Insolvency Practice Schedule (Corporations) do not apply in relation to money received before the commencement day.
Old regulations continue to apply to money received before commencement
(2) Paragraph 5.6.06(1)(b) of the old regulations continues to apply in relation to money received before the commencement day.