Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 964G

Meaning of borrowed

  (1)   In this Subdivision:

"borrowed" means borrowed in any form, whether secured or unsecured, including through:

  (a)   a credit facility within the meaning of the regulations; and

  (b)   a margin lending facility.

  (2)   To avoid doubt, an amount is no longer borrowed to the extent that it has been repaid.



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