Safe Harbour Legislation


This publication outlines the sections of the Corporations Act 2001 (Cth), which introduce a safe harbour for company directors from liability for insolvent trading.

Key Features

- Background to the insolvency law reforms

- Explanatory Memorandum: Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Bill 2017 (Cth) [extracts]

- Full text legislation: Corporations Act 2001 (Cth) - Chapter 5, Part 5.7B, Divisions 1, 3 and 5

- Editorial notes: Amendment details and application provisions

- Brief commentary on new ss 588GA, 588GB, 588HA and 588WA


The eBook is available for purchase via Amazon, iTunes and the LawMap app.

Last Updated: 14 May 2018