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.


 

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