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Corporations (Stay on Enforcing Certain Rights) Declaration 2018
4Interpretation
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4 Interpretation
In this instrument:
Act means the Corporations Act 2001.
financing arrangement means:
(a) any form of financial accommodation; or
(b) a contract, agreement or arrangement of a kind known as a finance lease, an operating lease, a bill facility, a performance bond, a guarantee, a bank guarantee, a letter of credit or a hire purchase agreement.
specified person means the body, corporation or company the subject of subsection 415D(1), 434J(1), 451E(1) or 454N(1) of the Act (as applicable).
standstill or forbearance arrangement means a contract, agreement or arrangement that suspends or restricts the enforcement of rights under another contract, agreement or arrangement.