Commonwealth Consolidated Acts

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WOOL INTERNATIONAL ACT 1993 - SECT 22J

Charge on unit of equity

                   A unit of equity in WoolStock Australia Limited held by a registered equity holder other than TrusteeCo may be the subject of a charge in favour of another person ( beneficiary ).

Note 1:       A charge over (or another security interest in) a unit of equity in WoolStock Australia Limited may be the subject of a registration in the Personal Property Securities Register under the Personal Property Securities Act 2009 .

Note 2:       The priority of charges over (or other securities interests in) units of equity is determined in accordance with the Personal Property Securities Act 2009 .



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