Section 1661 — Corporations Act 2001: Application of amendments

(1) The amendments of section 588H by Schedule 1 to the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 apply in relation to debts incurred, and dispositions made, after the commencement of those amendments. (2) Sections 203AA and 203AB, as inserted by Schedule 2 to the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020, apply in relation to a person’s resignation as a director of a company if the person stopped being a director of the company on or after the day that is 12 months after the day those sections commence. (3) Section 203CA, as inserted by Schedule 2 to the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020, applies in relation to a resolution that is to take effect on or after the day that is 12 months after the day that section commences.