Document ID: chunk:federal_register_of_legislation:C2025C00012:clause:1_1237zc
Version: federal_register_of_legislation:C2025C00012
Segment Type: clause
Provision Reference: sch 1 cl 1237ZC
Character Range: 260786–261197

1237ZC  Vesting of PPSA security interests if collateral not registered within time
  Section 588FL applies in relation to a PPSA security interest granted by a CCIV if:
 (a) an order is made, or a resolution is passed, for the winding up of a sub‑fund of the CCIV; and
 (b) the PPSA security interest is in collateral that is an asset of the sub‑fund of the CCIV.

Division 6—Recovering property of sub‑funds