Document ID: chunk:federal_register_of_legislation:C2005C00508:clause:2_52zzv
Version: federal_register_of_legislation:C2005C00508
Segment Type: clause
Provision Reference: sch 2 cl 52ZZV
Character Range: 162214–162724

52ZZV  Value of company's or trust's assets etc.

 (1) For the purposes of this Subdivision, the value of a company's or trust's assets, or of a charge or encumbrance on such assets, is to be worked out as if:
 (a) each reference in section 5L to a person included a reference to a company or trust; and
 (b) Subdivision A of Division 11 (other than section 52D) had not been enacted.

 (2) Paragraph (1)(b) has effect subject to paragraph 52ZZR(1)(c).

Subdivision I—Modification of asset deprivation rules