Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 588FK

Interpretation and application

             (1)  A word or expression used in this Division has the same meaning as in the Personal Property Securities Act 2009 .

             (2)  Subsection (1) applies despite any other provision of this Act (subject to subsection (4)).

             (3)  For the purposes of this Division, whether or not a person has acquired actual or constructive knowledge of a circumstance is to be determined in accordance with sections 297 to 300 of the Personal Property Securities Act 2009 .

             (4)  In this Division:

"PPSA security interest" has the meaning given by section 51.

Note:          As a result of this section, in this Division, company has the same meaning as in the Personal Property Securities Act 2009 . At the time this section was enacted, section 10 of that Act provided that company means:

(a)    a company registered under Part 2A.2 or Part 5B.1 of the Corporations Act 2001 ; or

(b)    a registrable body that is registered under Division 1 or 2 of Part 5B.2 of that Act.



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