Commonwealth Consolidated Acts

PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 84A

Security interest in crops while they are growing

  (1)   To avoid doubt, a security interest may attach to crops while they are growing.

Security interest in the products of livestock

  (2)   To avoid doubt, a security interest may attach to the products of livestock before they become proceeds (for example, the wool on a sheep's back before the sheep is shorn).

Note 1:   Livestock includes the products of livestock before they become proceeds (see section   10).

Note 2:   For what are the proceeds of crops and livestock, see subsections   31(4), (5) and (6).