Queensland Numbered Acts

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PERSONAL PROPERTY SECURITIES (ANCILLARY PROVISIONS) ACT 2010 No. 44 - SECT 68

68 Amendment of s 14 (Power to remove vehicles left unattended within declared area)

(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.'.



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