Document ID: chunk:federal_register_of_legislation:F2021C00019:reg:6:p1
Version: federal_register_of_legislation:F2021C00019
Segment Type: reg
Provision Reference: reg 6 (pt 1/3)
Character Range: 7654–10421

6  Declaration of kinds of rights in specified circumstances—a right to appoint a controller
 (1) A right to appoint a controller of property of the specified person is declared under paragraph 415D(7)(c) of the Act to be a kind of right to which subsection 415D(1) of the Act does not apply in the circumstances specified in subsection (4) or (5) of this section.
 (2) A right to appoint a controller of property of the specified person is declared under paragraph 434J(6)(c) of the Act to be a kind of right to which subsection 434J(1) of the Act does not apply in the circumstances specified in subsection (4) of this section.
 (3) A right to appoint a controller of property of the specified person is declared under paragraph 451E(6)(c) of the Act to be a kind of right to which subsection 451E(1) of the Act does not apply in the circumstances specified in subsection (4) of this section.
 (3A) A right to appoint a controller of property of the specified person is declared under paragraph 454N(6)(c) of the Act to be a kind of right to which subsection 454N(1) of the Act does not apply in the circumstances specified in subsection (4) of this section.
 (4) The circumstances are as follows:
 (a) the right is to be enforced by a person who has a security interest in, or over, property of the specified person; and
 (b) in relation to property of the specified person:
 (i) a controller has been appointed; or
 (ii) a right to appoint a controller has been enforced.
 (5) The circumstances are as follows:
 (a) the whole, or substantially the whole, of the property of the specified person is subject to a security interest; and
 (b) the right is to be enforced by the person who has the security interest referred to in paragraph (a).

Endnotes

Endnote 1—About the endnotes
The endnotes provide information about this compilation and the compiled law.

The following endnotes are included in every compilation:

Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history

Abbreviation key—Endnote 2
The abbreviation key sets out abbreviations that may be used in the endnotes.

Legislation history and amendment history—Endnotes 3 and 4
Amending laws are annotated in the legislation history and amendment history.

The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.

The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the