Corporations Act 2001

CHAPTER 2L - DEBENTURES  

PART 2L.2 - DUTIES OF BORROWER  

SECTION 283BG  

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.