Document ID: chunk:federal_register_of_legislation:C2012C00169:clause:3_16
Version: federal_register_of_legislation:C2012C00169
Segment Type: clause
Provision Reference: sch 3 cl 16
Character Range: 41131–41788

16  Subsection 3(1)
Insert:

PPSA security interest (short for Personal Property Securities Act security interest) means a security interest within the meaning of the Personal Property Securities Act 2009 and to which that Act applies (other than a transitional security interest within the meaning of that Act).

Note: The Personal Property Securities Act 2009 applies to certain security interests in personal property. See the following provisions of that Act:
               (a) section 8 (interests to which the Act does not apply);
               (b) section 12 (meaning of security interest);
               (c) Chapter 9 (transitional provisions).