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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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