Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 51E

Meaning of secured creditor

                   In this Act:

"secured creditor" :

                     (a)  of a corporation means a creditor of the corporation, if the debt owing to the creditor is secured by a security interest; and

                     (b)  of a sub-fund of a CCIV means a secured creditor of the CCIV, if the debt owing to the creditor is, to any extent, a liability of the sub-fund.



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