Commonwealth Consolidated Acts

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PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 158

Verification statements--publication as alternative

  (1)   The Registrar may publish, in a way prescribed by the regulations, a single verification statement in relation to a number of registration events if:

  (a)   the events affect a number of persons registered as secured parties (whether before or after the events); and

  (b)   the Registrar considers that it would be inconvenient for verification statements to be given to each registered (or formerly registered) secured party.

  (2)   Sections   156 and 157 do not apply in relation to a registration event if the Registrar publishes a verification statement in relation to the event under this section.

 


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