Section 283BG — Corporations Act 2001 (Cth)

Exceptions to borrower’s duty to report to trustee and ASIC

Section 283BF does not apply in respect of:

(a) a borrower, while:

(i) it is under external administration; or

(ii) a receiver, or a receiver and manager, of property of the borrower has been appointed and has not ceased to act under that appointment; or

(b) a security interest in PPSA retention of title property.

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 283BD — Duty to replace trustee
s 283BE — Duty to inform trustee about security interests
s 283BF — Duty to give trustee and ASIC quarterly reports
s 283BH — How debentures may be described
s 283BHA — Additional requirements for describing debentures as secured notes
s 283BI — Offences for failure to comply with statutory duties

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