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s 827

Limitation on validations if substantial injustice

In force
Chapter 12Industrial organisations and associated entities
Part 13Validations
Division 2Validations

827 Limitation on validations if substantial injustice

(1)

This division operates to validate an act or event only if the operation does not or will not cause substantial injustice to—

(a)

the organisation to which the act or event applies or concerns; or

(b)

a member or creditor of the organisation; or

(c)

a person dealing with, or who has dealt with, the organisation.

(2)

However, subsection (1) does not apply to sections 829 to 831.

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