Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 596AI

             (1)  An employee of a company that is being wound up cannot begin proceedings under section 596AC in relation to a contravention in relation to an entitlement of the employee if:

                     (a)  the company's liquidator has applied under section 588FF in relation to a transaction that constituted, or was part of, the contravention; or

                     (b)  the company's liquidator has begun proceedings under section 596AC in relation to the contravention; or

                     (c)  the company's liquidator has begun proceedings under section 588M in relation to the incurring of the debt that is linked to the contravention; or

                     (d)  the company's liquidator has intervened in an application for a civil penalty order against a person in relation to a contravention of section 588G in relation to the incurring of the debt that is linked to the contravention.

             (2)  Subsection (1) has effect despite sections 596AF and 596AH.