Metal Manufactures Pty Limited t/as TLE Electrical v WesTrac Pty Limited

• 1. Mortgages and Securities
  2. › Personal Property Securities Act 2009 (Cth)
  3. › Security interest
  4. › Proceeds
  5. › Goods sold subject to retention of title
  6. › Seller perfected purchase money security interest
  7. › Buyer authorised to sell in ordinary course of business
  8. › Whether dealing with collateral gives rise to proceeds
  9. › Whether chose in action for milestone payment constitutes proceeds
  10. › Personal Property Securities Act 2009 (Cth), ss 31, 32
• 1. Mortgages and Securities
  2. › Personal Property Securities Act 2009 (Cth)
  3. › Taking free
  4. › Ordinary course buyer
  5. › Grantor of security interest disposes of goods
  6. › Whether 'sold' in s 46(1) requires transfer of title
  7. › Whether ordinary course buyer includes buyer under agreement for sale subject to retention of title
  8. › Personal Property Securities Act 2009 (Cth), s 46
• 1. Statutory Interpretation
  2. › Commonwealth legislation
  3. › Meaning of 'sold' in s 46 of Personal Property Securities Act 2009 (Cth)
  4. › Whether 'sale' as referred to in Sale of Goods Act 1923 (NSW) restricts operation of ordinary course buyer protection
  5. › Whether state legislation constrains construction of Commonwealth Act creating uniform national scheme
  6. › Personal Property Securities Act 2009 (Cth), s 46
  7. › Sale of Goods Act 1923 (NSW), ss 5, 6

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