CORPORATIONS ACT 2001

CHAPTER 1 - INTRODUCTORY  

PART 1.2 - INTERPRETATION  

Division 6A - Security interests  

SECTION 51   51   MEANING OF PPSA SECURITY INTEREST  


In this Act:

PPSA security interest
(short for Personal Property Securities Act security interest) means a security interest within the meaning of the Personal Property Securities Act 2009 and to which that Act applies, other than a transitional security interest within the meaning of that Act.

Note 1: The Personal Property Securities Act 2009 applies to certain security interests in personal property. See the following provisions of that Act:

  • (a) section 8 (interests to which the Act does not apply);
  • (b) section 12 (meaning of security interest );
  • (c) Chapter 9 (transitional provisions).
  • Note 2: For the meaning of transitional security interest , see section 308 of the Personal Property Securities Act 2009 .


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