Where a liquidator validly disclaims property under s 568 of the Corporations Act, liabilities imposed by a State environmental protection order that are premised upon the company carrying on activity on the disclaimed property are terminated by the disclaimer under s 568D. Section 5G(11) of the Corporations Act cannot roll back the disclaimer provisions of Chapter 5 in one State only, because those provisions cannot have a differential territorial operation. Section 5G(8) is not engaged by State environmental protection legislation that is not itself a law about how companies are wound up. The effect of a disclaimer under s 568D is indivisible — a company's rights, interests, and liabilities in respect of disclaimed property are all terminated together.
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