Effect of sale or other disposal of specimens accepted by board
23 Effect of sale or other disposal of specimens accepted by board
This section applies to the sale or other disposal of a specimen under section 19.
The sale or other disposal is valid against all persons.
A secured party can not enforce any security interest in the specimen or the proceeds of sale against—
the board; or
an entity to whom an amount is paid or payable under section 19(7)(a); or
an entity to whom the specimen is sold.
Compensation is not recoverable against the board for the sale or other disposal.
In this section—
secured party has the meaning given by the Personal Property Securities Act 2009 (Cwlth), section 10.
security interest has the meaning given by the Personal Property Securities Act 2009 (Cwlth), section 12.
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