Document ID: chunk:federal_register_of_legislation:C2025C00185:section:283gb
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 283GB
Character Range: 1015322–1015820

283GB  ASIC may approve body corporate to be trustee
 (1) ASIC may approve a body corporate in writing to be a trustee for the purposes of paragraph 283AC(1)(f). The approval may allow the body corporate to act as trustee:
 (a) in any circumstances; or
 (b) in relation to a particular borrower or particular class of borrower; or
 (c) in relation to a particular trust deed;
and may be given subject to conditions.
 (2) ASIC must publish notice of the approval in the Gazette.

Part 2L.8—Court