Corporations Act 2001
CHAPTER 5
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EXTERNAL ADMINISTRATION
PART 5.3A
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ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT
Division 9
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Administrator's liability and indemnity for debts of administration
Subdivision B
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Indemnity
SECTION 443F
LIEN TO SECURE INDEMNITY
443F(1)
To secure a right of indemnity under section 443D , the administrator has a lien on the company ' s property. 443F(2)
A lien under subsection (1) has priority over another security interest only in so far as the right of indemnity under section 443D has priority over debts secured by the other security interest.
To secure a right of indemnity under section 443D , the administrator has a lien on the company ' s property. 443F(2)
A lien under subsection (1) has priority over another security interest only in so far as the right of indemnity under section 443D has priority over debts secured by the other security interest.
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