---
title: "Build a voidable-transaction table under Corporations Act Pt 5.7B or the Bankruptcy Act"
url: "https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/build-a-voidable-transaction-and-preference-issues-table/commonwealth"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A8-T1-R6-CTH"
practice_area: "Insolvency, Restructuring & Bankruptcy"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["CTH"]
last_reviewed: "2026-09-23"
---

# Build a voidable-transaction table under Corporations Act Pt 5.7B or the Bankruptcy Act

> From bank statements and payables, build a chronology for the relation-back window (6 months; 4 years for related parties) and flag candidate voidable transactions under Pt 5.7B or Bankruptcy Act ss 120–122.

Canonical page: https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/build-a-voidable-transaction-and-preference-issues-table/commonwealth  
Last reviewed: 2026-09-23

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Insolvency, Restructuring & Bankruptcy](https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | From bank statements and payables, build a chronology for the relation-back window (6 months; 4 years for related parties) and flag candidate voidable transactions under Pt 5.7B or Bankruptcy Act ss 120–122. |
| What the lawyer must review | Check every date and amount against bank records Apply Metal Manufactures v Morton [2023] HCA 1: no s 553C set-off against preferences Apply Bryant v Badenoch [2023] HCA 2: no peak indebtedness Analyse s 588FC suspicion yourself Calendar the s 588FE(4) look-back from the s 513C day |
| Written for | Commonwealth |
| Applies to | [Build a voidable-transaction and preference issues table](https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/build-a-voidable-transaction-and-preference-issues-table.md) |

## Checking plan

**Lawyer review required**

The responsible lawyer reviews the work against the instructions, sources and intended use.

- What the AI does: Potential support includes extracting and organising information and preparing preliminary structure or wording. Confirm the tool’s capability and permitted scope.
- What the lawyer does: Set the scope, verify the evidence, resolve exceptions and approve the final output for its intended use.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Suggested checking approach based on the task guidance. Complete the assessment for the actual tool, information and jurisdiction.
- Why: The plan reflects the described work and review requirements. Policy colours are not used to determine permission or checking.

## Checks the lawyer makes

1. Open each relied-on authority independently. Confirm its existence, current status, proposition and any quotation or pinpoint reference.
2. Trace every relied-on figure to its source, confirm dates and assumptions, and independently recalculate totals or derived amounts.
3. Verify dates, people and sequence against contemporaneous records. Preserve uncertainty and identify gaps or conflicting accounts.
4. Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
5. Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.

## Notes

- Confirm the required checking with the responsible lawyer before work starts. The checking approach does not establish permission to use AI.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*