Section 1237ZC — Corporations Act 2001 (Cth)

Vesting of PPSA security interests if collateral not registered within time

Section 588FL applies in relation to a PPSA security interest granted by a CCIV if:

(a) an order is made, or a resolution is passed, for the winding up of a sub‑fund of the CCIV; and

(b) the PPSA security interest is in collateral that is an asset of the sub‑fund of the CCIV.

Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 1237Z — Warrant in relation to books
s 1237ZA — Presumptions to be made in recovery proceedings
s 1237ZB — Directors of the corporate director
s 1238 — Duties owed by directors of corporate director of a CCIV
s 1238A — Applying property recovery provisions to CCIVs
s 1238B — References to incurring debts

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