Queensland Numbered Acts

PERSONAL PROPERTY SECURITIES (ANCILLARY PROVISIONS) ACT 2010 No. 44 - SECT 215

(1) Section 20(3)--

renumber as section 20(4) .

(2) Section 20--

insert--

'(3) A secured party can not enforce any security interest in the property or the proceeds of sale against--

(a) the theatre company; or

(b) an entity to whom an amount is paid or payable under section 18(2A)(a); or

(c) an entity to whom the property is sold.'.

(3) Section 20--

insert--

'(5) In this section--

secured party has the meaning given by the Personal Property Securities Act 2009 (Cwlth), section 10.

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