Personal Property Securities Amendment (Registration Commencement) Act 2011

No. 138, 2011

An Act to amend the Personal Property Securities Act 2009, and for related purposes

Personal Property Securities Amendment (Registration Commencement) Act 2011

No. 138, 2011

An Act to amend the Personal Property Securities Act 2009, and for related purposes

[Assented to 29 November 2011]

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Personal Property Securities Amendment (Registration Commencement) Act 2011.

2 Commencement

This Act commences on the day this Act receives the Royal Assent.

3 Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendments

Personal Property Securities Act 2009

1 Sections 3 and 304

Omit “an earlier time”, substitute “another time”.

2 Section 304

Omit “its enactment”, substitute “it starts to apply”.

3 Paragraphs 306(1)(b) and (2)(b)

Omit “an earlier time”, substitute “another time”.

4 Subsection 306(4)

Omit “earlier times”, substitute “other times”.

5 Subsection 306(4) (note)

Omit “no later than the time mentioned in paragraph (2)(a), and”.

6 Sections 309, 319 and 342

Omit “an earlier time”, substitute “another time”.

Personal Property Securities (Corporations and Other Amendments) Act 2010

7 Subsection 2(1) (note 2)

Omit “an earlier time”, substitute “another time”.