Corporations Act 2001
CHAPTER 5
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EXTERNAL ADMINISTRATION
PART 5.4B
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WINDING UP IN INSOLVENCY OR BY THE COURT
Division 1A
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Effect of winding up order
SECTION 471C
471C
SECURED CREDITOR
'
S RIGHTS NOT AFFECTED
Nothing in section 471B affects a secured creditor ' s right to realise or otherwise deal with the security interest.
Note: This Part applies to a sub-fund of a CCIV in a modified form: see Division 5 of Part 8B.6 .
View history note
Hide history noteNothing in section 471B affects a secured creditor ' s right to realise or otherwise deal with the security interest.
[ CCH Note: Regulation 10.25.02(3)(g) (which was effective 1 March 2017) provides that the amendments made by No 11 of 2016, s 3, Sch 2[140] apply in relation to external administrations on and after 1 September 2017.]
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