185Giving of security over assets

185 Giving of security over assets

(1) Indigenous Business Australia may give security over the whole or any part of its assets: (a) for the repayment by Indigenous Business Australia of money borrowed under section 183 and the payment by Indigenous Business Australia of interest (including interest on interest) on money so borrowed; or (b) in connection with a guarantee given by Indigenous Business Australia under section 153; and not otherwise. (2) In this section, the reference to assets of Indigenous Business Australia does not include a reference to: (a) money held in trust by Indigenous Business Australia; or (b) money in the New Housing Fund; or (c) any money owed to Indigenous Business Australia on a housing loan made, or treated as having been made, from the New Housing Fund.