Document ID: chunk:federal_register_of_legislation:C2024C00719:section:177
Version: federal_register_of_legislation:C2024C00719
Segment Type: section
Provision Reference: s 177
Character Range: 316147–316892

177  Guide to this Part

      A person with an interest in collateral may require changes to the registration, by way of an amendment demand given to the secured party.
      An amendment demand may be made if:

                (a) the obligation owed by a debtor to the secured party is not secured by collateral described in the registration; or
                (b) the particular collateral in which the person has an interest does not secure any obligation owed by a debtor to the secured party.
      An amendment demand, if not voluntarily complied with, may be pursued by an administrative process activated by the Registrar, or by an application to a court. The secured party may also apply to a court to oppose an amendment demand.