Queensland Numbered Acts

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PERSONAL PROPERTY SECURITIES (ANCILLARY PROVISIONS) ACT 2010 No. 44 - SECT 100

100 Insertion of new s 4A

Part 1, after section 4--

insert--

'(1) If goods are sold under this Act, whether under an order under part 3 or otherwise, the charges of the bailee in relation to the goods--

(a) are declared to be statutory interests to which section 73(2) of the Personal Property Securities Act 2009 (Cwlth) applies; and
(b) have priority over all security interests in relation to the goods.

'(2) In this section--

security interest has the meaning given by the Personal Property Securities Act 2009 (Cwlth), section 12.'.



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