489F
In forceMeaning of property
Volume 2Chapter 2L, Part 2L.1 to Chapter 5, Part 5.9 sections 283AA to 600K
Chapter 5External administration
Part 5.5Voluntary winding up
Division 1APreliminary
489F Meaning of property
In this Part:
property of a company includes PPSA retention of title property, if the security interest in the property is vested in the company because of the operation of any of the following provisions:
(a)
section 267 or 267A of the Personal Property Securities Act 2009 (property subject to unperfected security interests);
(b)
section 588FL of this Act (collateral not registered within time).
Note:
See sections 9 (definition of property) and 51F (PPSA retention of title property).
This Act’s bill:Explanatory memorandumSecond reading speech
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