Commonwealth Consolidated Acts

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PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 283

Estoppels against persons who respond to a request

  (1)   For the purposes of this Act, a person who responds to a request made under section   275 is prevented from denying any of the things mentioned in subsection   (2) of this section to any of the following persons to the extent that that person relies on the response:

  (a)   the person who makes the request;

  (b)   any other person who the person who responds to the request actually knows will rely on the response.

  (2)   For the purposes of subsection   (1), a person is prevented from denying the following things:

  (a)   that a copy of a security agreement provided in response to a request made in accordance with paragraph   275(1)(a) is a true copy of the security agreement;

  (b)   if the person corrected information in response to a request made in accordance with paragraph   275(1)(b), (c) or (d):

  (i)   the accuracy of information provided in response to the request before the correction; or

  (ii)   the accuracy of the information provided in response to the request.

 


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