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CORPORATIONS ACT 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.3A - ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT  

Division 9 - Administrator's liability and indemnity for debts of administration  

Subdivision B - Indemnity  

SECTION 443F  LIEN TO SECURE INDEMNITY  

443F(1)  

To secure a right of indemnity under section 443D, the administrator has a lien on the company's property.

443F(2)  

 View history reference
A lien under subsection (1) has priority over another security interest only in so far as the right of indemnity under section 443D has priority over debts secured by the other security interest.


 



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