Pending applications for variation
35 Pending applications for variation
s. 35
Despite the commencement of section 5 of the 2010 Act, the Corporation may vary the particulars of a security interest in the continued register and note in the continued register the date on which, and time at which, those particulars are varied if—
there is a change in the particulars of that security interest (other than by reason that the security interest is discharged or extinguished); and
the secured party makes an application under section 21 for the variation of those particulars before that commencement; and
those particulars are not varied in accordance with the application before that commencement.
S. 36 inserted by No. 74/2010 s. 6.
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