Enforcement of and other dealings with PPS security interests restricted in certain circumstances
17 Enforcement of and other dealings with PPS security interests restricted in certain circumstances
In this section —
order includes a direction or notice;
PPS security interest means a security interest to which the Commonwealth PPS Act applies (including a transitional security interest);
relevant State property law means each of the following —
the Criminal Property Confiscation Act 2000;
the Land Administration Act 1997;
the Local Government Act 1995;
the Rail Safety National Law (WA);
the Residential Parks (Long‑stay Tenants) Act 2006;
the Residential Tenancies Act 1987;
the Shipping and Pilotage Act 1967;
the Warehousemen’s Liens Act 1952;
the Western Australian Marine Act 1982 sections 61 to 63C;
an Act or subsidiary legislation (or a provision of an Act or subsidiary legislation) that is prescribed by the regulations to be a relevant State property law.
On and from the registration commencement time (but subject to this section and the regulations), a person may not take action to enforce a PPS security interest in personal property or otherwise deal with the interest or property —
if the action or dealing is (or would be) inconsistent with a relevant State property law (or an order made under such a law) that —
requires, authorises or permits the property to be dealt with in a particular manner (including by disposing of the property whether by sale, destruction or any other means); or
prohibits or prevents the property being dealt with in a particular manner or places other limitations or restrictions on how the property may be dealt with;
or
if the action or dealing would operate to prevent, impede or defeat the making of an application to a court, tribunal or any other person or body under a relevant State property law with respect to how the property is to be dealt with; or
in such other circumstances as may be prescribed by the regulations.
This section does not —
affect the meaning or operation of a relevant State property law in its application to interests other than PPS security interests; or
affect the meaning or operation of a relevant State property law to the extent that the law would (even if subsection (2) had not been enacted) be capable of operating according to its tenor because it is —
a law of the State capable of operating concurrently with the Commonwealth PPS Act; or
a law of the State that makes provision for a matter mentioned in the Commonwealth PPS Act section 245(2)(a), (b) or (c); or
a law of the State the effect of which is covered by the Commonwealth PPS Act section 258(2);
or
prevent the enforcement of, or other dealings with, a PPS security interest —
by the State or an instrumentality or other agency of the State; or
by any other person (or person belonging to a class of persons) prescribed by the regulations.
[Section 17 amended: No. 21 of 2015 s. 50; No. 24 of 2023 s. 106; No. 7 of 2024 s. 58.]
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