Queensland Numbered Acts

PROPERTY LAW (MORTGAGOR PROTECTION) AMENDMENT ACT 2008 No. 68 - SECT 6

After part 20--

insert--

'(1) Section 85, as amended by the amending Act, applies to mortgages whether made before or after the commencement of this section.

'(2) However, section 85(1A) does not apply to a mortgagee or receiver if, immediately before the commencement, the mortgagee--

(a) was entitled to immediately exercise the power of sale conferred by this Act or otherwise; and

(b) was not prevented from doing so by section 84(1).

'(3) In this section--

amending Act means the Property Law (Mortgagor Protection) Amendment Act 2008.'.