161CMoratorium—Restrictions on exercise of third party property rights

#### 161C Moratorium—Restrictions on exercise of third party property rights (1) Section 440B of the Corporations Act 2001 applies during a period in which a life company is under judicial management in the same way it applies during the administration of a company. (2) For the purposes of this section, treat the reference in paragraph 440B(2)(a) of the Corporations Act 2001 to the administrator’s written consent as being a reference to the judicial manager’s written consent. (3) The judicial manager is not liable to an action or other proceedings for damages in respect of a refusal to give consent as mentioned in subsection (2). (4) This section applies despite sections 161, 161A and 161B.