Document ID: chunk:federal_register_of_legislation:C2013C00609:clause:2_1
Version: federal_register_of_legislation:C2013C00609
Segment Type: clause
Provision Reference: sch 2 cl 1
Character Range: 92689–93435

1  Section 3
Omit:

                (a) it has attached to collateral; and
                (b) certain extra steps (possession or control of the collateral, or registration on the Register of Personal Property Securities) have been taken to protect the interest, or the interest is perfected by force of this Act.
Substitute:

                (a) it has attached to collateral; and
                (b) it is enforceable against third parties; and
                (c) certain extra steps (possession or control of the collateral, or registration on the Register of Personal Property Securities) have been taken to protect the interest.
      Certain security interests are also declared to be temporarily perfected, or perfected, under this Act.