Personal Property Securities (Consequential Amendments) Act 2009 (131 of 2009)

Schedule 4   Personal Property Securities Act 2009

50   At the end of section 238 (after the note)

Add:

Goods entered on registers of ships

(4) Despite subsections (1A) to (3), at a particular time, the perfection, and the effect of perfection or non-perfection, of a security interest in goods is governed by the law of a country if:

(a) the goods are entered in a register of ships maintained by the country containing the names and particulars of ships; and

(b) in proceedings in the country, the law of that country governs title to the goods.