Commonwealth Numbered Acts
[Search this Act]
CORPORATIONS ACT 2001 No. 50, 2001 - SECT 954H
How claim in respect of an amount of money is to be
(1) SEGC must allow a claim in respect of an obligation under a
guaranteed securities loan to pay a security benefit that is an amount of
money, or to pay some other amount, if the Board is satisfied that:
claimant is entitled to make the claim; and
- the obligation is still undischarged to the extent of a particular amount
(in this section called the outstanding amount ).
(2) If SEGC allows the claim, it must pay to, or as directed by, the claimant
an amount equal to the outstanding amount.
AustLII: Copyright Policy