Personal Property Securities (Consequential Amendments) Act 2009 (131 of 2009)
Schedule 4 Personal Property Securities Act 2009
17 Subsection 39(1)
Omit all the words after "subsection (2)" (not including the note), substitute:
if, immediately before the collateral became located in Australia, and at the time it became so located:
(a) the security interest was effective; and
(b) the security agreement providing for the security interest was enforceable against third parties.
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