Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf an unlimited company changes to a limited company under section 164, a past member who was a member at the time of the change is liable:
(a) despite section 521; and
(b) if no person who was a member at that time is a member at the commencement of the winding up--despite section 522;
to contribute in respect of the company's debts and liabilities contracted before that time.