Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) For the purposes of this Subdivision, the value of a company's or trust's assets, or of a charge or encumbrance on such assets, is to be worked out as if:
(a) each reference in sections 5L and 5LA to a person included a reference to a company or trust; and
(b) Subdivision A of Division 11 (other than section 52D) had not been enacted.
(2) Paragraph (1)(b) has effect subject to paragraph 52ZZR(1)(c).