Document ID: chunk:federal_register_of_legislation:C2024C00719:section:10:p1
Version: federal_register_of_legislation:C2024C00719
Segment Type: section
Provision Reference: s 10 (pt 1/11)
Character Range: 44325–47012

10  The Dictionary
  In this Act:
ABN (short for Australian Business Number) has the meaning given by section 41 of the A New Tax System (Australian Business Number) Act 1999.
accession to other goods means goods that are installed in, or affixed to, the other goods, unless both the accession and the other goods are required or permitted by the regulations to be described by serial number.
account means a monetary obligation (whether or not earned by performance, and, if payable in Australia, whether or not the person who owes the money is located in Australia) that arises from:
 (a) disposing of property (whether by sale, transfer, assignment, lease, licence or in any other way); or
 (b) granting a right, or providing services, in the ordinary course of a business of granting rights or providing services of that kind (whether or not the account debtor is the person to whom the right is granted or the services are provided);
but does not include any of the following:
 (c) an ADI account;
 (d) chattel paper;
 (e) an intermediated security;
 (f) an investment instrument;
 (g) a negotiable instrument.
Example: An account that is a credit card receivable is covered by paragraph (b).
account debtor means a person who is obligated under an account or chattel paper.
ADI (short for authorised deposit‑taking institution) has the same meaning as in the Banking Act 1959.
ADI account means an account, within the ordinary meaning of that term, kept by a person (whether alone or jointly with one or more other persons) with an ADI that is payable on demand or at some time in the future (as agreed between the ADI and the person or persons).
Example: A savings account, or a term deposit, kept with an ADI.
advance:
 (a) means the payment of currency, the provision of credit or the giving of value; and
 (b) includes any liability of a debtor to pay interest, credit costs and other charges or costs payable by the debtor in connection with the advance or the enforcement of a security interest securing the advance.
after‑acquired property means personal property acquired by the grantor after a security agreement is made.
agency includes an authority or instrumentality.
amendment demand has the meaning given by section 178.
amendment notice has the meaning given by section 180.
amendment time, of a registration, has the meaning given by section 160.
approved form has the meaning given by section 302.
attaches has the meaning given by section 19.
Australia has a meaning affected by section 7.
Australian entity means any of the following entities:
 (a) an individual who is located in Australia;
Note: For the location of individuals, see section 235.
 (b) a company