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StatuteCorporations Act 2001

Section 1590 — Corporations Act 2001: Handling securities

Text of the provision Official document

Application of the Insolvency Practice Schedule (Corporations) (1) Section 65-40 of the Insolvency Practice Schedule (Corporations) does not apply in relation to negotiable instruments and other securities received before the commencement day. Old regulations continue to apply to money received before commencement (2) Regulation 5.6.07 of the old regulations continues to apply in relation to bills, notes and other securities received before the commencement day.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.