CTHIn ForceAct
Corporations Act 2001
111AIDebentures
Start here
Get a plain-English read of 111AI
Turn the raw legal text into a practical explanation grounded in Corporations Act 2001.
#### 111AI Debentures
Debentures of a borrower are ED securities if:
(a) section 283AA requires the borrower to appoint a trustee; or
(b) section 283AA does not apply to the borrower only because the offer of the debentures to which section 283AA would otherwise have applied is a recognised offer.