Commonwealth Numbered Acts

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PERSONAL PROPERTY SECURITIES ACT 2009 (NO. 130, 2009) - SECT 246

Non-referring State operation--overview

Operation

             (1)  This Act operates in a non‑referring State in relation to a security interest, or another interest, in personal property:

                     (a)  while the interest in the personal property is covered by any of the following:

                              (i)  section 247 (which deals with persons);

                             (ii)  section 248 (which deals with activities);

                            (iii)  section 249 (which deals with interests); and

                     (b)  without limiting paragraph (a), to the extent that Chapter 5 (Personal Property Securities Register) applies in relation to the personal property under section 250.

             (2)  To avoid doubt, subsection (1) applies to a non‑referring State at a particular time even if no State is a referring State at that time.

Constitutional meaning of terms

             (3)  Unless the contrary intention appears, a word or phrase used in sections 247 to 250 that is used in the Constitution has the same meaning as it has in the Constitution.



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