Body corporate secured party or grantor
1.3 Body corporate secured party or grantor
For items 1 and 2 of the table in subsection 153(1) of the Act, this clause applies if the secured party or grantor is a body corporate that:
is a trustee and has an ARSN; or
is not a trustee of a trust that has an ABN.
The details mentioned in each item of the table, from the source mentioned for the item, are prescribed for the body corporate mentioned in the item.
For subclause (2), the prescribed details are the details mentioned in the item of the table that:
applies to the body corporate; and
has the lowest item number.
Item 1 of the table applies only to a registration by the Registrar under subsection 333(2) of the Act.
Item | Body corporate | Details | Source |
|---|---|---|---|
1 | Body corporate for which details have been included on the transitional register, for a migrated security interest | Body corporate number or name of body corporate, as recorded on the transitional register | Transitional register |
2 | Body corporate that is the responsible entity of a registered scheme, if the scheme has an ARSN | Registered scheme’s ARSN | A business register kept by ASIC |
2.5 | Body corporate that is a CCIV, if the CCIV is the secured party or grantor for a sub‑fund of the CCIV and the sub‑fund has an ARFN | Sub‑fund’s ARFN | A business register kept by ASIC |
3 | Body corporate that has an ACN | ACN | A business register kept by ASIC |
4 | Body corporate that has an ARBN | ARBN | A business register kept by ASIC |
5 | Any other body corporate | Name of body corporate, as provided for in body corporate’s constitution or equivalent document | Body corporate’s constitution or equivalent document |
This Act’s bill:Explanatory statement
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