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CORPORATIONS ACT 2001

CHAPTER 2L - DEBENTURES  

PART 2L.2 - DUTIES OF BORROWER  

SECTION 283BG  

283BG  EXCEPTIONS TO BORROWER'S DUTY TO REPORT TO TRUSTEE AND ASIC  

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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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