20
CurrentApplications for discharge of registered security interests
Chapter 3Acts with Queensland registers
Part 1Bills of Sale and Other Instruments Act 1955
Division 2Transitional provisions
20 Applications for discharge of registered security interests
(1)
This section applies if, after the application closing time, the chief executive receives an application for the full or partial discharge of a registered security interest.
(2)
Despite sections 18C and 18D 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 memorandumSecond reading speech
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