Personal Property Securities (Corporations and Other Amendments) Act 2010 (96 of 2010)
Schedule 1 Corporations Act 2001
Part 7 Liens and pledges
137 Subparagraphs 442CC(1)(d)(i) and (ii) and (e)(i) and (ii)
Repeal the subparagraphs, substitute:
(i) the possessory security interest; and
(ii) any other security interest in the property, where the debt secured by the security interest has a priority that is equal to or higher than the priority of the debt secured by the possessory security interest;
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).