However, the Full Court did not refer to the basic principles of statutory construction that require interpretation of legislative provisions in such a way as will not affect individuals’ property rights without the clearest words:
...of the Act (or its predecessors) does not give any validity to so much of a scheme as affects rights or liabilities as between an outsider and creditors of a company."
Ummm
What does this all mean....in laymans terms......I aint no lawyer...
Cheers
opes appeal critic, page-3
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