Commonwealth Consolidated Acts

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PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 147

Personal Property Securities Register

  (1)   The Registrar must establish and maintain a register to be known as the Personal Property Securities Register.

  (2)   Data in the register is the property of the Commonwealth.

  (3)   The Registrar may keep the register in any form that he or she considers appropriate.

  (4)   The Registrar must ensure that the register is operational at all times, except:

  (a)   while access is refused, or its operation is suspended, under subsection   (5); or

  (b)   in other circumstances prescribed by the regulations.

  (5)   If the Registrar considers that it is not practical to provide access to the register, the Registrar may:

  (a)   refuse access to the register; or

  (b)   otherwise suspend the operation of the register, in whole or in part.

  (6)   If the Registrar refuses access to the register, or otherwise suspends the operation of the register in whole or in part, under subsection   (5), the Registrar must publish a notice giving details of the refusal or other suspension of operation (including the period of refusal or suspension):

  (a)   in a way prescribed by the regulations; or

  (b)   if regulations are not made for the purposes of paragraph   (a)--in the Gazette .

Note:   The office of the Registrar of Personal Property Securities is established under Part   5.9.



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