Personal Property Securities (Corporations and Other Amendments) Act 2010 (96 of 2010)

Schedule 2   Personal Property Securities Act 2009

Part 1   Specific amendments

84   Subsection 178(3)

Omit "collateral that is consumer property.", substitute:

collateral that:

(a) at the time the security interest attached to the collateral, the grantor intended to use predominantly for personal, domestic or household purposes; or

(b) the grantor is using predominantly for personal, domestic or household purposes.