Commonwealth Consolidated Acts

BANKRUPTCY ACT 1966 - SECT 185V

    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)).