Applications for registration or renewal of registration of security interests

Current

(1)

This section applies if, after the application closing time, the chief executive receives an application for the registration, or renewal of registration, of a security interest.

(2)

Despite sections 9, 10 and 11 of the existing Act, the chief executive—

(a)

can not deal with the application after the application closing time; and

(b)

must refund any fee that accompanied the application.

This Act’s bill:Explanatory memorandum Second reading speech

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16 Applications for registration or renewal of registration of security interests