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CHATTEL SECURITIES ACT 1987 - NOTES

Notes

1 This is a compilation of the Chattel Securities Act 1987 and includes the amendments made by the other written laws referred to in the following table 1a. The table also contains information about any reprint.

Compilation table

Short title

Number and year

Assent

Commencement

Chattel Securities Act 1987

101 of 1987

18 Dec 1987

s. 1 and 2: 18 Dec 1987;
s. 3, 12-14, 15(1), (2) and (4), 16-23, 31-32: 29 Aug 1988 (see s. 2 and Gazette 5 Aug 1988 p. 2583);
s. 4-11, 15(3) and 24-30: 14 Nov 1988 (see s. 2 and Gazette 5 Aug 1988 p. 2583)

Financial Administration Legislation Amendment Act 1993 s. 11

6 of 1993

27 Aug 1993

1 Jul 1993 (see s. 2(1))

Chattel Securities Amendment Act 1996

39 of 1996

27 Sep 1996

s. 1 and 2: 27 Sep 1996;
Act other than s. 1 and 2: 4 Nov 1996 (see s. 2 and Gazette 29 Oct 1996 p. 5715)

Financial Legislation Amendment Act 1996 s. 64

49 of 1996

25 Oct 1996

25 Oct 1996 (see s. 2(1))

Road Traffic Amendment (Vehicle Licensing) Amendment Act 2001 Pt. 3 Div. 1

28 of 2001

21 Dec 2001

4 Dec 2006 (see s. 2 and Gazette 28 Nov 2006 p. 4889)

Motor Vehicle Dealers Amendment Act 2002 s. 70

4 of 2002

4 Jun 2002

1 Sep 2002 (see s. 2 and Gazette 13 Aug 2002 p. 4151)

Reprint of the Chattel Securities Act 1987 as at 13 Dec 2002 (includes amendments listed above except those in the Road Traffic Amendment (Vehicle Licensing) Act 2001) (correction in Gazette 24 Mar 2006 p. 1102)

Corporations (Consequential Amendments) Act (No. 2) 2003 Pt. 4

20 of 2003

23 Apr 2003

15 Jul 2001 (see s. 2(1) and Cwlth Gazette 13 Jul 2001 No. S285)

Statutes (Repeals and Minor Amendments) Act 2003 s. 34

74 of 2003

15 Dec 2003

15 Dec 2003 (see s. 2)

State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Pt. 2 Div. 18 3

55 of 2004

24 Nov 2004

1 Jan 2005 (see s. 2 and Gazette 31 Dec 2004 p. 7130)

Reprint 2: The Chattel Securities Act 1987 as at 21 Apr 2006 (includes amendments listed above except those in the Road Traffic Amendment (Vehicle Licensing) Act 2001)

Machinery of Government (Miscellaneous Amendments) Act 2006 Pt. 4 Div. 4 4

28 of 2006

26 Jun 2006

1 Jul 2006 (see s. 2 and Gazette 27 Jun 2006 p. 2347)

Financial Legislation Amendment and Repeal Act 2006 s. 4

77 of 2006

21 Dec 2006

1 Feb 2007 (see s. 2(1) and Gazette 19 Jan 2007 p. 137)

Statutes (Repeals and Miscellaneous Amendments) Act 2009 s. 30

8 of 2009

21 May 2009

22 May 2009 (see s. 2(b))

Acts Amendment (Fair Trading) Act 2010 s. 186

58 of 2010

8 Dec 2010

1 Jan 2011 (see s. 2(c) and Gazette 24 Dec 2010 p. 6805)

Reprint 3: The Chattel Securities Act 1987 as at 23 Sep 2011 (includes amendments listed above)

Personal Property Securities (Consequential Repeals and Amendments) Act 2011 Pt. 4 Div. 2

42 of 2011

4 Oct 2011

5 Oct 2011 (see s. 2(b))

1a On the date as at which this compilation was prepared, provisions referred to in the following table had not come into operation and were therefore not included in this compilation. For the text of the provisions see the endnotes referred to in the table.

Provisions that have not come into operation

Short title

Number and year

Assent

Commencement

Road Traffic Legislation Amendment Act 2012 Pt. 4 Div. 5 4

8 of 2012

21 May 2012

Operative on commencement of the Road Traffic (Administration) Act 2008 (see s. 2(d))

2 The provision in this Act amending the Consumer Affairs Act 1971 has been omitted under the Reprints Act 1984 s. 7(4)(e).

3 The State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Pt. 5, the State Administrative Tribunal Act 2004 s. 167 and 169, and the State Administrative Tribunal Regulations 2004 r. 28 and 42 deal with certain transitional issues some of which may be relevant to this Act.

4 On the date as at which this compilation was prepared, the Road Traffic Legislation Amendment Act 2012 Pt. 4 Div. 5 had not come into operation. It reads as follows:


Division 5 — Chattel Securities Act 1987 amended

48. Act amended

This Division amends the Chattel Securities Act 1987.

49. Section 3 amended

In section 3(1) in the definition of lease:

(a) in paragraph (b) delete “within the meaning of the Road Traffic Act 1974 of which the lessor is registered or an applicant for registration as the owner under the Road Traffic Act 1974 or a corresponding Act of the Commonwealth or another state or territory of the Commonwealth; or” and insert:


as defined in the Road Traffic (Administration) Act 2008 section 4 of which the lessor is, or is applying to be, a licence holder as defined in section 6(1) of that Act; or


(b) in paragraph (c) delete “within the meaning of the Road Traffic Act 1974,” and insert:


as defined in the Road Traffic (Administration) Act 2008 section 4,


50. Section 7 amended

(1) In section 7(5)(b):

(a) delete “within the meaning of the Road Traffic Act 1974” and insert:


as defined in the Road Traffic (Administration) Act 2008 section 4


(b) delete “Road Traffic Act 1974 but” and insert:


Road Traffic (Vehicles) Act 2012 but


(2) In section 7(6)(d):

(a) delete “within the meaning of the Road Traffic Act 1974” and insert:


as defined in the Road Traffic (Administration) Act 2008 section 4


(b) delete “Road Traffic Act 1974 but” and insert:


Road Traffic (Vehicles) Act 2012 but


51. Section 13 amended

In section 13:

(a) in paragraph (a) delete “within the meaning of the Road Traffic Act 1974,” and insert:


as defined in the Road Traffic (Administration) Act 2008 section 4,


(b) in paragraph (a) delete “that Act;” and insert:


the Road Traffic (Vehicles) Act 2012;


(c) in paragraph (b) delete “that Act;” and insert:


the Road Traffic (Vehicles) Act 2012;


52. Section 30 amended

In section 30(3)(c) delete “Road Traffic Act 1974” and insert:


Road Traffic (Vehicles) Act 2012




Defined Terms

[This is a list of terms defined and the provisions where they are defined. The list is not part of the law.]

Defined Term Provision(s)
applicant 23(1)
approved form 3(1)
commercial vehicle 3(1)
Commissioner 3(1)
dealer 3(1)
debtor 3(1)
Department 3(1)
entries 23(4)
executive officer 3A(3)
farm machinery 3(1)
goods 3(1)
hire-purchase agreement 3(1)
hirer 3(1)
information 30B(3)
inventory security interest 3(1)
lease 3(1)
lessee 3(1)
lessor 3(1)
migration time 3B
owner 3(1)
pre-PPS transition period 3B
primary provision 3C(1)
purchase 3(1)
purchase price 3(1)
purchaser 3(1)
register 3(1)
registered 3(1)
registrable goods 3(1)
Registrar 3B
registration commencement time 3B
registration function 3B
related provision 3C(1)
secured party 3(1)
security interest 3(1)
supply 3(1)
trailer 3(1)
unregistered security interest 3(1)
unregistrable goods 3(1)




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