Commonwealth Numbered Acts

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PERSONAL PROPERTY SECURITIES ACT 2009 (NO. 130, 2009) - SECT 317

Constitutional and non-constitutional interests

             (1)  Section 251 (when a non‑constitutional security interest becomes a constitutional security interest) applies only in relation to security interests in collateral (other than transitional security interests) that arise at or after the registration commencement time.

             (2)  Section 252 (priority between non‑constitutional security interests and constitutional security interests) applies only in relation to security interests in collateral, in relation to which this Act does not operate, that arise at or after the registration commencement time.



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