Corporations Act 2001
Note: This Part does not apply to a CCIV or a sub-fund of a CCIV: see Division 4 of Part 8B.6 .
View history note
Hide history noteIf: (a) a company is under restructuring; and (b) property of the company consists of:
(i) cash in the form of notes or coins; or
(ii) a negotiable instrument; or
(iii) a security (as defined by subsection 92(1) ); or
(c) the property is subject to a possessory security interest; and (d) the secured party is:
(iv) a derivative; and
(i) an ADI (within the meaning of the Banking Act 1959 ); or
(ii) the operator of a clearing and settlement facility;
this Subdivision does not apply to the property.
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