Queensland Numbered Acts

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PERSONAL PROPERTY SECURITIES (ANCILLARY PROVISIONS) ACT 2010 No. 44 - SECT 70

70 Amendment of s 69 (Requisition by commissioner to reduce fire risk)

Section 69(9)(b)--

omit, insert--

'(b) exceed the expenses incurred--the proceeds of the disposal must be applied in the following order--
(i) if there is an amount owing to an entity under a security interest registered against the property under the Personal Property Securities Act 2009 (Cwlth)--in payment of the amount owing under the security interest;
(ii) in payment of any balance to the person whose property the chief executive believes the material to have been.'.


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