Body politic secured party or grantor
1.6 Body politic secured party or grantor
For items 1 and 2 of the table in subsection 153(1) of the Act, this clause applies if the secured party or grantor is a body politic.
The details mentioned in each item of the table, from the source mentioned for the item, are prescribed for the body politic mentioned in the item.
For subclause (2), the prescribed details are the details mentioned in the item of the table that:
applies to the body politic; and
has the lowest item number.
Item 1 of the table applies only to a registration by the Registrar under subsection 333(2) of the Act.
Item | Body politic | Details | Source |
|---|---|---|---|
1 | Body politic for which details have been included on the transitional register, for a migrated security interest | Body politic details, as recorded on the transitional register | Transitional register |
2 | Body politic that holds or has an interest in collateral in course of, or for, an enterprise that has been allocated an ABN | ABN | Australian Business Register |
3 | Body politic or has an interest in collateral, other than in the course of, or for, an enterprise that has been allocated an ABN | Name of body politic, in accordance with constitution of body politic | Constitution of body politic |
This Act’s bill:Explanatory statement
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