Document ID: chunk:federal_register_of_legislation:C2025C00185:section:420b:p2
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 420B (pt 2/2)
Character Range: 1445280–1445845

subject to conditions, for example (but without limitation):
 (a) a condition that:
 (i) the net proceeds of the sale or disposal; and
 (ii) the net proceeds of the sale or disposal of such other property (if any) as is specified in the condition and is subject to the controller's security interest;
  or a specified part of those net proceeds, be applied in payment of specified amounts secured by the prior security interest; or
 (b) a condition that the controller apply a specified amount in payment of specified amounts secured by the prior security interest.