123A

Licence not personal property

In force

For section 8(1)(k) of the Personal Property Securities Act 2009 (Cth), each of the following is not personal property for that Act:

(a)

a geothermal authority;

(b)

a geothermal authority interest.

Note for section 123A

A law of the Commonwealth, a State or a Territory may declare a right, licence or authority granted by or under that law not to be personal property for the Personal Property Securities Act 2009 (Cth).

This Act’s bill:Explanatory statement Second reading speech

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