Federal Register of Legislation - Australian Government

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Determinations/Other as made
This instrument declares that certain statutory interests are of a kind to which subsection 73(2) of the Personal Property Securities Act 2009.
Administered by: Attorney-General's
Exempt from sunsetting by the Legislation Act 2003 s 54(1)
Registered 16 Dec 2011
Tabling HistoryDate
Tabled HR07-Feb-2012
Tabled Senate07-Feb-2012

Commonwealth Coat of Arms

I, ROBERT McCLELLAND, Attorney‑General, make this Instrument under subsection 73 (4) of the Personal Property Securities Act 2009.

Dated 8 December 2011

 

ROBERT McCLELLAND



1              Name of Instrument

                This Instrument is the Personal Property Securities (Priority of Statutory Interests) Instrument 2011.

2              Commencement

                This Instrument commences on 30 January 2012.

3              Definitions

                In this Instrument:

Act means the Personal Property Securities Act 2009.

4              Priority between security interests and declared statutory interests

                For subsection 73 (4) of the Act, subsection 73 (2) of the Act applies to:

                (a)    a lien that arises under subsection 443F (1) of the Corporations Act 2001; and

               (b)    a lien that arises under subsection 189AC (2) of the Bankruptcy Act 1966.


Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.