Section 839G — Corporations Act 2001 (Cth)

Income or other distribution received by target body

The target body must promptly account to the receiving body for any income or other distribution received by the target body after a certificate of transfer comes into force, if the income or distribution arises from assets transferred to the receiving body under this Division.

Note: Failure to comply with this section is an offence: see subsection 1311(1).

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 839D — Certificates in relation to other assets
s 839E — Documents purporting to be certificates
s 839F — Construction of references in instruments to target body
s 839H — Access to books
s 839J — Relationship of Division with other laws etc.
s 839K — Reserve Bank’s rules may make special provision in relation to compulsory transfer

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