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GOODS SECURITIES ACT 1986 - NOTES

Legislative history

Notes

• Please note—References in the legislation to other legislation or instruments or to titles of bodies or offices are not automatically updated as part of the program for the revision and publication of legislation and therefore may be obsolete.

• Earlier versions of this Act (historical versions) are listed at the end of the legislative history.

• For further information relating to the Act and subordinate legislation made under the Act see the Index of South Australian Statutes or www.legislation.sa.gov.au.

Expiry of Act

The Goods Securities Act 1986 will expire on 16.6.2014: see s 29(1).

Expiry may be set at an earlier date by proclamation: s 29(2).

Legislation amended by principal Act

The Goods Securities Act 1986 amended the following:

Bills of Sale Act 1886

Consumer Transactions Act 1972

Mercantile Law Act 1936

Sale of Goods Act 1895

Principal Act and amendments

New entries appear in bold.

Year

No

Title

Assent

Commencement

1986

111

Goods Securities Act 1986

18.12.1986

25.5.1987 except s 5(3)—8.6.1987; transitional period for Sch 2—25.5.1987 to 7.6.1987 (Gazette 21.5.1987 p1328) and except ss 9, 11, 12 & Sch 1—15.6.1987 (Gazette 11.6.1987 p1492)

1987

21

Goods Securities Act Amendment Act 1987

16.4.1987

16.4.1987

1991

53

Goods Securities (Highways Fund) Amendment Act 1991

28.11.1991

1.1.1992 (Gazette 12.12.1991 p1747)

1995

82

Statutes Repeal and Amendment (Commercial Tribunal) Act 1995

30.11.1995

Pt 4—10.3.1997 (Gazette 6.3.1997 p1114)

1997

12

Goods Securities (Motor Vehicles) Amendment Act 1997

27.3.1997

27.3.1999 (Gazette 11.3.1999 p1335)

2000

5

Goods Securities (Miscellaneous) Amendment Act 2000

20.4.2000

1.6.2000 (Gazette 18.5.2000 p2554)

2000

76

Statutes Amendment (Transport Portfolio) Act 2000

14.12.2000

Pt 2 (s 4)—17.6.2001 (Gazette 7.6.2001 p2145)

2011

11

Statutes Amendment (Personal Property Securities) Act 2011

14.4.2011

Pt 11 (ss 31—37 & 39)—16.6.2011 (Gazette 16.6.2011 p2610); s 38—30.1.2012 (Gazette 15.12.2011 p4988)

Provisions amended

New entries appear in bold.

Entries that relate to provisions that have been deleted appear in italics.

Provision

How varied

Commencement

Long title

amended by 5/2000 s 8 (Sch)

1.6.2000

Pt 1



s 2

deleted by 5/2000 s 8 (Sch)

1.6.2000

s 3



s 3(1)



authorised person

inserted by 12/1997 s 3(a)

27.3.1999

business day

inserted by 11/2011 s 31(1)

16.6.2011

corresponding authority

inserted by 12/1997 s 3(a)

27.3.1999

Court

inserted by 82/1995 s 12(a)

10.3.1997

the Fund

deleted by 53/1991 s 3

1.1.1992

the Highways Fund

inserted by 53/1991 s 3

1.1.1992

motor vehicle

inserted by 12/1997 s 3(b)

27.3.1999


substituted by 76/2000 s 4

17.6.2001

notice

substituted by 5/2000 s 3(a)

1.6.2000

PSS Act

inserted by 11/2011 s 31(2)

16.6.2011

prescribed goods

substituted by 12/1997 s 3(c)

27.3.1999

registered security interest

amended by 12/1997 s 3(d)

27.3.1999

registration commencement time

inserted by 11/2011 s 31(3)

16.6.2011

security interest

amended by 12/1997 s 3(e)

27.3.1999

the Tribunal

deleted by 82/1995 s 12(b)

10.3.1997

s 3(2)

amended by 12/1997 s 3(f)

27.3.1999

s 3(3)

inserted by 5/2000 s 3(b)

1.6.2000

Pt 2



s 4



s 4(1) and (2)

amended by 5/2000 s 8 (Sch)

1.6.2000

s 4(3)

inserted by 12/1997 s 4

27.3.1999

s 4(4)

inserted by 11/2011 s 32

16.6.2011

s 5



s 5(1)

amended by 11/2011 s 33(1)

16.6.2011

s 5(1a)

inserted by 11/2011 s 33(2)

16.6.2011

s 5(2)

(d) deleted by 21/1987 s 2

16.4.1987


amended by 5/2000 s 8 (Sch)

1.6.2000

s 5(3)

substituted by 12/1997 s 5

27.3.1999

s 6



s 6(1)

amended by 11/2011 s 34(1)

16.6.2011

s 6(1a)

inserted by 11/2011 s 34(2)

16.6.2011

s 6(2)

amended by 5/2000 s 8 (Sch)

1.6.2000

s 7



s 7(1)

amended by 5/2000 s 8 (Sch)

1.6.2000


amended by 11/2011 s 35(1)

16.6.2011

s 7(1a)

inserted by 11/2011 s 35(2)

16.6.2011

s 7(2) and (3)

amended by 5/2000 s 8 (Sch)

1.6.2000

s 8



s 8(4)

amended by 5/2000 s 8 (Sch)

1.6.2000

s 8(6)

amended by 82/1995 s 13(a)

10.3.1997

s 8(7)

amended by 82/1995 s 13(b)

10.3.1997

s 8A

inserted by 12/1997 s 6

27.3.1999

s 8A(2)

amended by 11/2011 s 36(1)

16.6.2011

s 8A(2a)

inserted by 11/2011 s 36(2)

16.6.2011

s 8B

inserted by 12/1997 s 6

27.3.1999


substituted by 5/2000 s 4

1.6.2000

s 9



s 9(1)

amended by 11/2011 s 37(1)

16.6.2011

s 9(1a)

inserted by 11/2011 s 37(2)

16.6.2011

s 9(2)

amended by 21/1987 s 3

16.4.1987


amended by 5/2000 s 8 (Sch)

1.6.2000

s 9(3)

deleted by 12/1997 s 7

27.3.1999

ss 10A—10C

inserted by 12/1997 s 8

27.3.1999

Pt 3



s 10D

inserted by 12/1997 s 9

27.3.1999

s 11



s 11(1)

amended by 5/2000 s 5(a)

1.6.2000

s 11(1a)

inserted by 5/2000 s 5(b)

1.6.2000

s 11(2a) and (2b)

inserted by 5/2000 s 5(c)

1.6.2000

s 11(3a) and (3b)

inserted by 5/2000 s 5(d)

1.6.2000

s 11(5)

amended by 5/2000 s 8 (Sch)

1.6.2000

s 11(7)



director or officer

deleted by 5/2000 s 8 (Sch)

1.6.2000

director

inserted by 5/2000 s 8 (Sch)

1.6.2000

interest

amended by 5/2000 s 5(e)

1.6.2000

officer

inserted by 5/2000 s 8 (Sch)

1.6.2000

related corporation

deleted by 5/2000 s 8 (Sch)

1.6.2000

related body corporate

inserted by 5/2000 s 8 (Sch)

1.6.2000

short-term goods lease

inserted by 5/2000 s 5(f)

1.6.2000

s 12

amended by 21/1987 s 4

16.4.1987


substituted by 5/2000 s 6

1.6.2000

s 13



s 13(1)

amended by 82/1995 s 14(a)

10.3.1997

s 13(2)

deleted by 82/1995 s 14(b)

10.3.1997

Pt 4



s 14



s 14(1)

amended by 82/1995 s 15(a)

10.3.1997


amended by 12/1997 s 10

27.3.1999

s 14(2)

amended by 82/1995 s 15(b)

10.3.1997


amended by 5/2000 s 8 (Sch)

1.6.2000

s 14(3)

amended by 5/2000 s 8 (Sch)

1.6.2000

s 15

substituted by 53/1991 s 4

1.1.1992

s 15(1)

substituted by 12/1997 s 11(a)

27.3.1999

s 15(2)

amended by 82/1995 s 16(a)

10.3.1997


amended by 12/1997 s 11(b)

27.3.1999

s 15(3)

amended by 82/1995 s 16(b)

10.3.1997


amended by 12/1997 s 11(c), (d)

27.3.1999

Pt 5



s 16

deleted by 53/1991 s 4

1.1.1992


inserted by 12/1997 s 12

27.3.1999

s 17

deleted by 53/1991 s 4

1.1.1992


inserted by 12/1997 s 12

27.3.1999


amended by 5/2000 s 8 (Sch)

1.6.2000

s 17A

inserted by 12/1997 s 12

27.3.1999


amended by 5/2000 s 8 (Sch)

1.6.2000

s 18

amended by 5/2000 s 8 (Sch)

1.6.2000

s 19 before deletion by 11/2011



s 19(1)

amended by 5/2000 s 8 (Sch)

1.6.2000

s 19

deleted by 11/2011 s 38

30.1.2012

s 20

deleted by 5/2000 s 8 (Sch)

1.6.2000

s 21A

inserted by 12/1997 s 13

27.3.1999

Pt 6

inserted by 11/2011 s 39

16.6.2011

Pt 7

inserted by 11/2011 s 39

16.6.2011

Sch 1

deleted by 5/2000 s 8 (Sch)

1.6.2000

Sch 2

amended by 21/1987 s 5

16.4.1987


amended by 53/1991 s 5

1.1.1992


deleted by 5/2000 s 8 (Sch)

1.6.2000

Transitional etc provisions associated with Act or amendments

Goods Securities (Miscellaneous) Amendment Act 2000

7—Transitional provision

(1) The amendments made to the principal Act by this Act (other than the substitution of section 8B of the principal Act by section 4 of this Act) do not apply in relation to a security interest that came into existence before the commencement of this Act.

(2) Section 8B of the principal Act as substituted by section 4 of this Act applies in relation to a security interest whether it came into existence before or after the commencement of this Act.

Historical versions

Reprint No 1—15.8.1991


Reprint No 2—1.1.1992


Reprint No 3—10.3.1997


Reprint No 4—27.3.1999


Reprint No 5—1.6.2000


Reprint No 6—17.6.2001


16.6.2011




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