Section 834B — Corporations Act 2001 (Cth)

Effect of things done during statutory management of body corporate

A payment made, transaction entered into, or any other act or thing done, in good faith, by the statutory manager of a body corporate under statutory management or with the written consent of the statutory manager or the Reserve Bank:

(a) is valid and effectual for the purposes of this Act; and

(b) is not liable to be set aside in a winding up of the body corporate.

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.

Related sections

s 833E — Statutory manager may request information etc. to be given
s 833F — Statutory manager acts as body corporate’s agent
s 834A — Exercise of directors’ powers while body corporate under statutory management
s 834C — Effect of statutory management on body corporate’s members
s 835A — Reporting to Reserve Bank
s 835B — Reserve Bank’s directions power—directions to statutory manager

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