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THE CORPORATIONS LAW

CHAPTER 2L - DEBENTURES

PART 2L.2 - DUTIES OF BORROWER

SECTION 260GG   EXCEPTIONS  

260GG     Sections 260GE and 260GF do not apply in respect of the borrower while:

(a)  it is under external administration; or

(b)  a receiver, or a receiver and manager, of property of the borrower has been appointed and has not ceased to act under that appointment.