Regulatory Powers (Standardisation Reform) Act 2017 (124 of 2017)

Schedule 12   Amendment of the Personal Property Securities Act 2009

Part 2   Application and saving provisions

14   Application and saving provision - enforceable undertakings

(1) Part 6 of the Regulatory Powers (Standard Provisions) Act 2014, as that Part applies under section 222 of the Personal Property Securities Act 2009, applies in relation to undertakings given on or after the commencement of this Schedule.

(2) Division 4 of Part 6.3 of the Personal Property Securities Act 2009, as in force immediately before the commencement of this Schedule, continues to apply on and after the commencement in relation to the following:

(a) an undertaking given before the commencement of this Schedule;

(b) an application for an order made, but not decided, under subsection 231(1) of that Act before the commencement of this Schedule;

(c) an order made under subsection 231(2) of that Act before, on or after the commencement of this Schedule as a result of an application made before that commencement.