Document ID: chunk:federal_register_of_legislation:C2025C00162:section:1133:p2
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 1133 (pt 2/2)
Character Range: 2242094–2243199

(within the meaning of Part 3.18); or
 (ii) the person is a member of a couple and the other member of the couple is an attributable stakeholder of a company or trust (within the meaning of Part 3.18); and
 (b) the company or trustee has given the Commonwealth a guarantee that the company or trustee will pay any debt that may become payable to the Commonwealth by the person under this Division; and
 (c) the company's or trustee's liability under the guarantee is secured by a charge against specified real property of the company or trust in Australia; and
 (d) the Secretary is satisfied that the value of the specified real property is sufficient to secure the payment of any amount that may become payable by the company or trustee under the guarantee; and
 (e) the Secretary has, by writing, approved the guarantee and the charge.

Value of real property
 (4) In working out the value of real property for the purposes of subparagraph (1)(d)(i) or (2)(d)(i) or paragraph (3)(d):
 (a) disregard section 1121; and
 (b) the Secretary may take into account any charge or encumbrance over the property.