CORPORATIONS ACT 2001 - SECT 1583 Old Act continues to apply in relation to any right of indemnity
CORPORATIONS ACT 2001 - SECT 1583
Old Act continues to apply in relation to any right of indemnity(1) This section applies if the remuneration of an external administrator of a company is fixed under section 449E of the old Act:
(a) before the commencement day; or
(b) on or after the commencement day (in accordance with a provision of this Division).
(2) Despite the repeal of that section and the amendment of
paragraph 443D(b) of the old Act by Schedule 2 to the
Insolvency Law Reform Act 2016 , the old Act continues to apply in relation to
any right of indemnity that the external administrator has as if that repeal
and amendment had not happened.