Corporations Act 2001
CHAPTER 5
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EXTERNAL ADMINISTRATION
PART 5.2
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RECEIVERS, AND OTHER CONTROLLERS, OF PROPERTY OF CORPORATIONS
SECTION 434C
EFFECT OF SECTIONS 434A AND 434B
434C(1)
Except as expressly provided in section 434A or 434B , an order under that section does not affect a security interest in property of a corporation.
434C(2)
Nothing in section 434A or 434B limits any other power of the Court to remove, or otherwise deal with, a controller of property of a corporation (for example, the Court ' s powers under section 423 ).
Note: This Part applies to CCIVs with modifications: see Division 3 of Part 8B.6 .
View history note
Hide history noteExcept as expressly provided in section 434A or 434B , an order under that section does not affect a security interest in property of a corporation.
434C(2)
Nothing in section 434A or 434B limits any other power of the Court to remove, or otherwise deal with, a controller of property of a corporation (for example, the Court ' s powers under section 423 ).
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