Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1237ZC

Vesting of PPSA security interests if collateral not registered within time

    Section   588FL applies in relation to a PPSA security interest granted by a CCIV if:

  (a)   an order is made, or a resolution is passed, for the winding up of a sub - fund of the CCIV; and

  (b)   the PPSA security interest is in collateral that is an asset of the sub - fund of the CCIV.



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