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StatuteSocial Security Act 1991

Section 1208J — Social Security Act 1991: Value of company’s or trust’s assets etc.

Text of the provision Official document

(1) For the purposes of this Division, the value of a company’s or trust’s assets, or of a charge or encumbrance on such assets, is to be worked out as if: (a) each reference in sections 11 and 11A to a person included a reference to a company or trust; and (b) Division 1 of Part 3.12 (other than section 1122) had not been enacted. (2) Paragraph (1)(b) has effect subject to paragraph 1208E(1)(c).

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.