440JA PROPERTY SUBJECT TO A BANKER
EXEMPTION FROM THIS DIVISION
(a) a company is under administration; 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
(iv) a derivative (as defined in Chapter
(i) an ADI (within the meaning of the
Banking Act 1959
(ii) the operator of a clearing and settlement facility (within the meaning of section
this Division does not apply to the property.
S 440JA amended by No 96 of 2010, s 3, Sch 1, Pt 7
126] (effective 30 January 2012).
S 440JA inserted by No 132 of 2007, s 3, Sch 4, Pt 2
49] (effective 31 December 2007).