Statute
Section 554D — Corporations Act 2001: Application of Subdivision
Text of the provision Official document
(1) This Subdivision applies in relation to the proof of a secured debt in the winding up of an insolvent company. (2) For the purposes of the application of this Subdivision in relation to a secured debt of an insolvent company that is being wound up, the amount of the debt is taken to be the amount of the debt as at the relevant date (as worked out in accordance with Subdivision B).
Official source: Federal Register of Legislation
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