Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 283BG

Exceptions to borrower's duty to report to trustee and ASIC

    Section   283BF does not apply in respect of:

  (a)   a borrower, while:

  (i)   it is under external administration; or

  (ii)   a receiver, or a receiver and manager, of property of the borrower has been appointed and has not ceased to act under that appointment; or

  (b)   a security interest in PPSA retention of title property.

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