Section 185V — Bankruptcy Act 1966 (Cth)

Validity of things done under a debt agreement that was declared void

If a debt agreement is declared void, anything that was done in good faith under the agreement by a person before the person had notice of the declaration:

(a) is valid; and

(b) cannot be voided by a trustee under section 120, 121 or 122 (whether applying of its own force or under subsection 231(2)).

Sourced from the Federal Register of Legislation at 26 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 185S — Validity of things done under a debt agreement that was terminated
s 185T — Applying for an order declaring a debt agreement void
s 185U — Making an order declaring a debt agreement void
s 185W — Court directions to the Official Receiver
s 185X — No stamp duty payable on a debt agreement
s 185XA — Secured creditors

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