Commonwealth Consolidated Acts Commonwealth Consolidated ActsA person with an interest in collateral may require changes to the registration, by way of an amendment demand given to the secured party.
An amendment demand may be made if:
(a) the obligation owed by a debtor to the secured party is not secured by collateral described in the registration; or
(b) the particular collateral in which the person has an interest does not secure any obligation owed by a debtor to the secured party.
An amendment demand, if not voluntarily complied with, may be pursued by an administrative process activated by the Registrar, or by an application to a court. The secured party may also apply to a court to oppose an amendment demand.