Commonwealth Consolidated Acts

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PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 190

Registration and search fees

Determination of fees and arrangements

  (1)   The Minister may, by legislative instrument, determine fees for the purposes of this Act.

  (2)   The Minister may, by a legislative instrument made under subsection   (1), determine the kinds of arrangements for the payment of fees under the instrument that may be approved under subsection   (4).

  (3)   If this Act requires the payment of a determined fee for a particular purpose, without limiting subsection   (6), that requirement is satisfied if an arrangement for its payment has been approved under subsection   (4).

Approval of arrangements

  (4)   The Registrar may approve an arrangement (of a kind determined under subsection   (2)) in relation to the payment of fees by a person for the purposes of this section on application by the person in the approved form, accompanied by the fee (if any) determined under subsection   (1).

Miscellaneous

  (5)   The fees determined under subsection   (1) must not be such as to amount to taxation.

  (6)   The amount of a fee, except a fee to maintain a registration (determined for the purposes of section   168), is a debt due to the Commonwealth, and may be recovered by the Commonwealth by application to a court.

Note 1:   If a fee to maintain a registration is not paid within 28 days, the Registrar may end the effective registration of the collateral (see section   168).

Note 2:   For which courts have jurisdiction, and for transfers between courts, see Part   6.2.


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