Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

PERSONAL PROPERTY SECURITIES ACT 2009 (NO. 130, 2009) - SECT 103

Priority of purchase money security interest in processed or commingled goods

                   Despite section 102, a perfected purchase money security interest in goods that continues in the product or mass has priority over:

                     (a)  a non‑purchase money security interest in the goods that continues in the product or mass; and

                     (b)  a non‑purchase money security interest in the product or mass given by the same grantor.


 

   



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback