Personal Property Securities (Corporations and Other Amendments) Act 2010 (96 of 2010)
Schedule 1 Corporations Act 2001
Part 8 PPSA retention of title property
167 After subsection 444D(3)
Insert:
(3A) Subsection (3) does not apply in relation to an owner or lessor of PPSA retention of title property of the company.
Note: Subsection (2) applies in relation to an owner or lessor of PPSA retention of title property of the company. Such an owner or lessor is a secured creditor of the company (see section 51F (meaning of PPSA retention of title property )).
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