Corporations Act 2001
This section applies if money borrowed by the SEGC under subsection 889E(1) is paid to the SEGC.889F(2) [ Payment of borrowed money]
The SEGC must pay the money into the NGF.889F(3) [ Amount of money in NGF]
(a) the money was borrowed for the purpose of meeting a payment due out of the NGF; and
(b) the borrowed money has been paid into the NGF; and
(c) the payment due out of the NGF has not yet been made;
then, for the purposes of section 889J , the amount in the NGF is taken to be reduced by the amount of the borrowed money.