Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 964G

Meaning of borrowed

             (1)  In this Subdivision:

"borrowed" means borrowed in any form, whether secured or unsecured, including through:

                     (a)  a credit facility within the meaning of the regulations; and

                     (b)  a margin lending facility.

             (2)  To avoid doubt, an amount is no longer borrowed to the extent that it has been repaid.



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