Personal Property Securities (Corporations and Other Amendments) Act 2010 (96 of 2010)
Schedule 1 Corporations Act 2001
Part 8 PPSA retention of title property
146 Section 283BG
Repeal the section, substitute:
283BG Exceptions to borrower's duty to report to trustee and ASIC
Section 283BF does not apply in respect of:
(a) a borrower, while:
(i) it is under external administration; or
(ii) a receiver, or a receiver and manager, of property of the borrower has been appointed and has not ceased to act under that appointment; or
(b) a security interest in PPSA retention of title property.
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