This Division does not apply in relation to a * representative of an entity to the extent that paragraph 105-5(1)(a) will apply to a supply by the representative of the entity's property.
Note: For example, if the representative:
(a) is a mortgagee in possession of the entity's property; and
(b) is not a representative of the entity for any other reason;
the representative need not register under section 58-20 if it will supply that property in or towards the satisfaction of a debt owed to it by the entity.