Corporations Act 2001
CHAPTER 8B
-
CORPORATE COLLECTIVE INVESTMENT VEHICLES
PART 8B.6
-
EXTERNAL ADMINISTRATION AND DEREGISTRATION
Division 5
-
Winding up of sub funds
Subdivision H
-
Recovering property
SECTION 1237ZC
1237ZC
VESTING OF PPSA SECURITY INTERESTS IF COLLATERAL NOT REGISTERED WITHIN TIME
Section 588FL applies in relation to a PPSA security interest granted by a CCIV if: (a) an order is made, or a resolution is passed, for the winding up of a sub-fund of the CCIV; and (b) the PPSA security interest is in collateral that is an asset of the sub-fund of the CCIV.
View history note
Hide history noteSection 588FL applies in relation to a PPSA security interest granted by a CCIV if: (a) an order is made, or a resolution is passed, for the winding up of a sub-fund of the CCIV; and (b) the PPSA security interest is in collateral that is an asset of the sub-fund of the CCIV.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.