CORPORATIONS ACT 2001 No. 50, 2001 - SECT 283CD Exceptions
CORPORATIONS ACT 2001 No. 50, 2001 - SECT 283CD
ExceptionsSection 283CC does not apply in respect of the guarantor while:
- (a)
- it is under external administration; or
- (b)
- a receiver, or a receiver and manager, of property of the guarantor has been appointed and has not ceased to act under that appointment.