Extent of release of company’s debts
A deed of company arrangement releases the company from a debt only in so far as: (a) the deed provides for the release; and (b) the creditor concerned is bound by the deed.
Sourced from the Federal Register of Legislation at 17 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.
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