sec.109ZIEffect of appointment of controller

### sec.109ZI Effect of appointment of controller Subsection (2) applies if— entitlements have been transferred to a licensee on a temporary basis under division 3 ; and a controller is appointed in relation to the property of the licensee. The temporary transfer of the entitlements ends on the day the controller is appointed. In this section— controller see the Corporations Act , section 9 . s 109ZI ins 2009 No. 41 s 41 (sec.109ZI-ssec.1) Subsection (2) applies if— entitlements have been transferred to a licensee on a temporary basis under division 3 ; and a controller is appointed in relation to the property of the licensee. (sec.109ZI-ssec.2) The temporary transfer of the entitlements ends on the day the controller is appointed. (sec.109ZI-ssec.3) In this section— controller see the Corporations Act , section 9 . - (a) entitlements have been transferred to a licensee on a temporary basis under division 3 ; and - (b) a controller is appointed in relation to the property of the licensee.