THE CORPORATIONS LAW
CCH Note:
Part 13 of the Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82 The Corporations Law is as follows:...
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.