South Australian Numbered Acts

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STATUTES AMENDMENT (PERSONAL PROPERTY SECURITIES) ACT 2011 (NO 11 OF 2011) - SECT 63

63—Amendment of section 25—Certain provisions of Bills of Sale Act to apply to mortgages and agreements for liens

        (1)         Section 25—delete "The provisions" and substitute:

Subject to subsection (2), the provisions

        (2)         Section 25—after its present contents as amended by this section (now to be designated as subsection (1)) insert:

        (2)         A provision of the Bills of Sale Act 1886 that will cease to have effect at the registration commencement time will, at that time, also cease to have effect in its application to stock mortgages and agreements conferring a preferable lien on wool under this Act.



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