Commonwealth Consolidated Acts Commonwealth Consolidated ActsCapital protection provided under a relevant capital protected borrowing to the extent that it is not provided by an explicit put option is treated (for the borrower) as if it were a put option.
An amount attributable to capital protection under any relevant capital protected borrowing is treated (for the borrower) as a payment for a put option.
Table of sections
Operative provisions
247 - 5 Object of Division
247 - 10 What capital protected borrowing and capital protection are
247 - 15 Application of this Division
247 - 20 Treating capital protection as a put option
247 - 25 Number of put options
247 - 30 Exercise or expiry of option