Personal Property Securities (Corporations and Other Amendments) Act 2010 (96 of 2010)
Schedule 2 Personal Property Securities Act 2009
Part 1 Specific amendments
104 At the end of Part 7.3
Add:
Division 3 - Constitutional guarantees
252A No constitutional preference to one State over another
A provision of this Act does not apply to the extent that the operation of the provision would give, or result in the giving of, preference (within the meaning of section 99 of the Constitution) to one State or part of a State over another State or part of a State.
252B No unjust acquisition of property
(1) A provision of this Act does not apply to the extent that the operation of the provision would result in an acquisition of property from a person otherwise than on just terms.
(2) In subsection (1):
acquisition of property has the same meaning as in paragraph 51(xxxi) of the Constitution.
just terms has the same meaning as in paragraph 51(xxxi) of the Constitution.
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