Commonwealth Numbered Acts

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PERSONAL PROPERTY SECURITIES ACT 2009 (NO. 130, 2009) - SECT 248

Non-referring State operation--activities

             (1)  This Act operates in a non‑referring State in relation to a security interest, or another interest, in personal property, if the interest arises in the course of any of the following activities:

                     (a)  trade or commerce with other countries, or among the States;

                     (b)  activities undertaken by a constitutional corporation;

                     (c)  banking, other than State banking;

                     (d)  State banking extending beyond the limits of the State concerned;

                     (e)  insurance, other than State insurance;

                      (f)  State insurance extending beyond the limits of the State concerned;

                     (g)  using postal, telegraphic, telephonic, or other like services;

                     (h)  supplying goods or services to the Commonwealth, or an agency of the Commonwealth;

                      (i)  conduct by the Commonwealth, or an agency of the Commonwealth;

                      (j)  an activity related to a fishery in Australian waters beyond territorial limits.

             (2)  However, this Act stops operating under subsection (1) in a non‑referring State in relation to a security interest, or another interest, in personal property, if, after the interest arises:

                     (a)  the interest is dealt with; and

                     (b)  that dealing is not in the course of an activity to which subsection (1) applies.

             (3)  Subsection (2) does not limit the operation of this Act in a non‑referring State otherwise than under this section.



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