BCS 0.00% 40.0¢ brisconnections unit trusts

legal opinion on disposal of shares

  1. 1 Posts.
    I have obtained legal advice on the sale or transfer of BCSCA shares to an empty shell company / an individual with minimal assets, and have been advised that:

    1) Regardless of whether or not it is deemed a voidable transaction under s.588FE of the Corporations Act, section 172 prevents the voluntary disposition of property with the intention to defraud creditors.

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