You have a mortgage under the Radiocommunications Act 1989. This mortgage is for security only. It does not give the lender control over the management rights or spectrum licence.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM197122.
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A mortgage under this Act shall have effect as security, but shall not operate as a transfer of the management rights or spectrum licence charged.
