Personal Property Securities (Consequential Amendments) Act 2009 (131 of 2009)

Schedule 5   Other legislation

Bankruptcy Act 1966

15   Paragraphs 302(1)(a) and (b)

Repeal the paragraphs, substitute:

(a) enabling the grantee, mortgagee, person entitled to the benefit of the lien or charge or PPSA secured party to exercise any power or remedy; or

(b) to the effect that the operation of the bill of sale, mortgage, lien, charge or PPSA security agreement is to be modified;