CORPORATIONS ACT 2001
CHAPTER 1
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INTRODUCTORY
PART 1.2A
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DISCLOSING ENTITIES
Division 2
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Definitions
SECTION 111AI
111AI
DEBENTURES
Debentures of a borrower are ED securities if:
(a) section 283AA requires the borrower to appoint a trustee; or
(b) section 283AA does not apply to the borrower only because the offer of the debentures to which section 283AA would otherwise have applied is a recognised offer.
Debentures of a borrower are ED securities if:
(a) section 283AA requires the borrower to appoint a trustee; or
(b) section 283AA does not apply to the borrower only because the offer of the debentures to which section 283AA would otherwise have applied is a recognised offer.
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