POSTED: 06 Mar 2020
After the amendment bill lapsed prior to the federal election, laws to further combat illegal phoenixing have now commenced operation on 18 February 2020 under the Treasury Laws Amendment (Combat Illegal Phoenixing) Act 2020 (Cth). The implementation of this act aims to deter and disrupt illegal phoenixing and more harshly punish those who engage in and facilitate this behaviour.
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