Corporations Act 2001

CHAPTER 1 - INTRODUCTORY  

PART 1.2 - INTERPRETATION  

Division 6A - Security interests  

SECTION 51E   51E   MEANING OF SECURED CREDITOR  


In this Act:

secured creditor
:


(a) of a corporation means a creditor of the corporation, if the debt owing to the creditor is secured by a security interest; and


(b) of a sub-fund of a CCIV means a secured creditor of the CCIV, if the debt owing to the creditor is, to any extent, a liability of the sub-fund.


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