Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1236F

Liability of controller

             (1)  Section 1224M (about extended liability for acts of agents) does not apply to a person who, as agent for the CCIV, enters into possession or assumes control of any property of a sub-fund of the CCIV for the purposes of enforcing any security interest.

             (2)  Subsection (1) does not affect the application of section 419.



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