Section 849BE — Corporations Act 2001: Circumstances where a transaction by statutory manager not voidable under section 588FE

A transaction of a body corporate is not voidable under section 588FE merely because: (a) the transaction was entered into at a time when this Subdivision applied to the body corporate; and (b) the transaction is: (i) an uncommercial transaction of the body corporate; or (ii) an unfair preference given by the body corporate to a creditor of the body corporate; or (iii) an insolvent transaction of the body corporate; or (iv) a creditor-defeating disposition by the body corporate.