Document ID: chunk:federal_register_of_legislation:C2013C00609:clause:2_15
Version: federal_register_of_legislation:C2013C00609
Segment Type: clause
Provision Reference: sch 2 cl 15
Character Range: 98428–99112

15  Section 10 (paragraph (b) of the definition of description)
Repeal the paragraph, substitute:
 (b) in the case of a class of personal property—a description that identifies the class, including a description that identifies the class by identifying a larger class of personal property that wholly includes the class.
Example 1: A description that identifies collateral as "sheep" (a type of livestock) is sufficient to identify collateral that is sheep wool (a product of livestock, which is a class of collateral wholly included in the larger class of "sheep").
Example 2: A description that identifies collateral as "fruit" is sufficient to identify collateral that is apples.