Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 442B

Dealing with property subject to a floating charge that has crystallised

(1) This section applies where a charge on property of a company under administration was a floating charge when created but has since become a fixed or specific charge. (2) Subject to sections 442C and 442D, the administrator may deal with any of that property as if the charge were still a floating charge.

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