Federal Register of Legislation - Australian Government

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SLI 2012 No. 121 Regulations as made
This regulation amends the Personal Property Securities Regulations 2010.
Administered by: Attorney-General's
Made 28 Jun 2012
Registered 28 Jun 2012
Tabled HR 14 Aug 2012
Tabled Senate 14 Aug 2012
Date of repeal 09 Apr 2013
Repealed by Attorney-General's (Spent and Redundant Instruments) Repeal Regulation 2013

Commonwealth Coat of Arms

Personal Property Securities Amendment Regulation 2012 (No. 1)1

Select Legislative Instrument 2012 No. 121

I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the Personal Property Securities Act 2009.

Dated 28 June 2012

QUENTIN BRYCE

Governor-General

By Her Excellency’s Command

NICOLA ROXON


1              Name of regulation

                This regulation is the Personal Property Securities Amendment Regulation 2012 (No. 1).

2              Commencement

                This regulation commences on 1 July 2012.

3              Amendment of Personal Property Securities Regulations 2010

                Schedule 1 amends the Personal Property Securities Regulations 2010.


Schedule 1        Amendments

(section 3)

 

[1]           Subregulation 1.4 (1A)

renumber as subregulation 1.4 (2)

[2]           Subregulation 1.4 (1B)

renumber as subregulation 1.4 (3)

[3]           Subregulation 1.4 (1C)

after

grantor

insert

of the interest

[4]           Subregulation 1.4 (1C), at the foot

insert

Note   For the definition of grantor, see section 10 of the Act.

[5]           Subregulation 1.4 (1C)

renumber as subregulation 1.4 (4)

[6]           Subregulation 1.4 (2)

renumber as subregulation 1.4 (5)

[7]           After regulation 1.9

1.10        Meaning of investment instrument

                For paragraph (i) of the definition of investment instrument in section 10 of the Act, the following financial products are prescribed:

                (a)    an Australian carbon credit unit, within the meaning of section 5 of the Carbon Credits (Carbon Farming Initiative) Act 2011;

               (b)    a carbon unit, within the meaning of section 5 of the Clean Energy Act 2011;

                (c)    each eligible international emissions unit mentioned in paragraphs (a), (b), (c) and (d) of the definition of eligible international emissions unit in section 4 of the Australian National Registry of Emissions Units Act 2011.

[8]           Schedule 1, Part 2, subclause 2.2 (2)

omit

(1) (c) (iv) (E)

insert

(1) (c) (iii) (E)


Note

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