(1) Section 14(6), 'as follows'--
omit, insert--
'in the following order'.
(2) Section 14(6)(a), 'firstly,'--
omit.
(3) Section 14(6)(b), 'secondly,'--
omit.
(4) Section 14(6)(c), 'thirdly,'--
omit.
(5) Section 14(6)(c), as amended--
renumber as section 14(6)(d).
(6) Section 14(6)--
insert--
'(c) if there is an amount owing to an entity under a security interest registered for the vehicle under the Personal Property Securities Act 2009 (Cwlth)--in payment of the amount owing under the security interest;'.
(7) Section 14--
insert--
'(6A) A secured party can not enforce any security interest in the proceeds of sale or disposal of a vehicle against an entity to whom an amount is payable under subsection (6)(a) or (b).'.
(8) Section 14--
insert--
'(11) In this section--
secured party has the meaning given by the Personal Property Securities Act 2009 (Cwlth), section 10.'.