CORPORATIONS ACT 2001 - SECT 964G Meaning of borrowed
CORPORATIONS ACT 2001 - SECT 964G
Meaning of borrowed"borrowed" means borrowed in any form, whether secured or unsecured, including through:
(a) a credit facility within the meaning of the regulations; and
(b) a margin lending facility.
(2) To avoid doubt, an amount is no longer borrowed to the
extent that it has been repaid.