ASIC must delete the word "provisional" that was so entered in relation to the entry relating to that charge, but if such a certificate is not produced within the period, or the further period, referred to in paragraph (b), ASIC must delete from the Register all the particulars that were entered in relation to the charge.

(6) Where a document that purports to be a notice in respect of a charge on property of a company for the purposes of section 263 or 264 is lodged (whether during or after the period within which the notice was required to be lodged) and the document contains the name of the company concerned and the particulars referred to in subparagraph 263(1)(a)(vii) or (viii), as the case requires, but does not contain some or all of the other particulars that are required to be included in the notice or is otherwise defective:

(a)

ASIC must cause to be entered in the Register the time and date when the document was lodged and such of the particulars referred to in paragraphs (2)(a), (b), (c) and (d) as are ascertainable from the document, but must cause the word "provisional" to be entered in the Register in relation to the entry specifying that time and date; and

(b)

ASIC must, by notice in writing to the person who lodged the document, direct the person to ensure that there is lodged, on or before the day specified in the notice, a notice in relation to the charge that complies with the requirements of section 263 or 264, as the case may be, but the giving by ASIC of a direction to the person under this paragraph does not affect any liability that the company may have incurred or may incur by reason of a contravention of section 263 or 264.

(7) Where ASIC gives a direction to a person under paragraph (6)(b) in relation to a charge:

(a)

if the direction is complied with on or before the day specified in the notice containing the direction, ASIC must:

(i)

delete from the Register the word "provisional" that was inserted pursuant to paragraph (6)(a); and

(ii)

cause to be entered in the Register in relation to the charge any particulars referred to in subsection (2) that have not previously been entered; and

(b)

if the direction is not complied with on or before that day—ASIC must delete from the Register all the particulars that were entered in relation to the charge; and

(c)

if the direction is complied with after that day—ASIC must cause to be entered in the Register in relation to the charge the time at which and day on which the direction was complied with and the particulars referred to in paragraphs (2)(a), (b), (c) and (d).

(8) ASIC may enter in the Register in relation to a charge, in addition to the particulars expressly required by this section to be entered, such other particulars as ASIC thinks fit. (9) If the word "provisional" is entered in the Register in relation to an entry specifying a time and day in relation to a charge, the charge is taken not to have been registered but:

(a)

where the word "provisional" is deleted from the Register pursuant to subsection (5) or paragraph (7)(a)—the charge is taken to be registered and to have been registered from and including the time and day specified in the Register pursuant to subsection (4) or paragraph (6)(a), as the case may be; or

(b)

where the particulars in relation to the charge are deleted from the Register pursuant to paragraph (7)(b) and those particulars and a time and day are subsequently entered in the Register in relation to the charge pursuant to paragraph (7)(c)—the charge is taken to be registered from and including that last-mentioned time and day.

(10) Where, pursuant to subsection 263(3), a registrable body lodges notices relating to 2 or more charges on the same property of the registrable body, the time and day that must be entered in the Register in relation to each of those charges are the time and day when the first notice was lodged. (11) Where, in accordance with subsection (10), the time and day that are entered in the Register are the same in relation to 2 or more charges on property of a registrable body, those charges have, as between themselves, the respective priorities that they would have had if they had not been registered under this Part. (12) Where, pursuant to section 264, a company lodges notices relating to 2 or more charges on the same property acquired by the company (being charges that are not already registered under this Part), the time and day that must be entered in the Register in relation to each of those charges are the time and day when the first notice was lodged. (13) Where, in accordance with subsection (12), the time and day that are entered in the Register are the same in relation to 2 or more charges on property acquired by a company, those charges have, as between themselves, the respective priorities that they would have had if they had not been registered under this Part. (14) Where a notice is lodged under section 268 (whether during or after the period within which it was required to be lodged), ASIC must as soon as practicable cause to be entered in the Register the time and day when the notice was so lodged and the particulars set out in the notice.