Section 239ACB — Companies Act 1993: Voidable transactions

239ACB Voidable transactions (1) The voidable transaction provisions do not apply to a transaction by a company in administration if the transaction is— (a) carried out by or with the authority of the administrator or deed administrator; or (b) specifically authorised by the deed of company arrangement and carried out by the deed administrator. (2) In this section, voidable transaction provisions means sections 292 to 296 . Section 239ACB: inserted, on 1 November 2007, by section 6 of the Companies Amendment Act 2006 (2006 No 56).