Commonwealth Consolidated Acts

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PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 246

Non - referring State operation--overview

Operation

  (1)   This Act operates in a non - referring State in relation to a security interest, or another interest, in personal property:

  (a)   while the interest in the personal property is covered by any of the following:

  (i)   section   247 (which deals with persons);

  (ii)   section   248 (which deals with activities);

  (iii)   section   249 (which deals with interests); and

  (b)   without limiting paragraph   (a), to the extent that Chapter   5 (Personal Property Securities Register) applies in relation to the personal property under section   250.

  (2)   To avoid doubt, subsection   (1) applies to a non - referring State at a particular time even if no State is a referring State at that time.

Constitutional meaning of terms

  (3)   Unless the contrary intention appears, a word or phrase used in sections   247 to 250 that is used in the Constitution has the same meaning as it has in the Constitution.



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