Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 (69 of 2023)

Schedule 3   Rationalisation of ending ASIC instruments

Part 4   Describing debentures as secured notes

Division 1   Amendments

Corporations Act 2001
32   Subsection 283BH(1) (after table item 2)

Insert:

2A

secured note

only if:

(a) the circumstances set out in subsection (4) are satisfied; and

(b) in a case described in subsection 283BHA(1), (2) or (3) - the requirements set out in that subsection are satisfied