Statute
Section 443F — Corporations Act 2001: Lien to secure indemnity
Text of the provision Official document
(1) To secure a right of indemnity under section 443D, the administrator has a lien on the company’s property. (2) A lien under subsection (1) has priority over another security interest only in so far as the right of indemnity under section 443D has priority over debts secured by the other security interest.
Official source: Federal Register of Legislation
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