16
In forceOffence
Part IIIRegistrable goods
16 Offence
(1)
A person shall not make an application under section 15 for the registration of a security interest if that person is not the holder of the interest.
Penalty: $500.
(2)
It is a defence to a prosecution of a person for an offence under subsection (1) if the person proves that when the application was made the person believed on reasonable grounds that the person was the holder of the security interest.
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.