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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