Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 443F

Lien to secure indemnity

             (1)  To secure a right of indemnity under section 443D, the administrator has a lien on the company's property.

             (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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