Statute
Section 1234C — Corporations Act 2001: Property that is required to be converted to be applied only for that purpose
Text of the provision Official document
An item of property of a CCIV to which section 1233K applies may not be applied for any purpose, except for the purpose of the conversion required by that section. Note: For the consequences of a contravention of this requirement, see section 1234F.
Official source: Federal Register of Legislation
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