Document ID: chunk:federal_register_of_legislation:F2022C00632:front:0:p3
Version: federal_register_of_legislation:F2022C00632
Segment Type: other
Provision Reference: 
Character Range: 5492–8297

the Act applies.
 (4) For paragraph 8(1)(l) of the Act, the Act does not apply to an interest if the grantor of the interest is a company that is:
 (a) incorporated under the Companies Act 1985 of the Territory of Norfolk Island; and
 (b) not registered under Part 5B.2 of the Corporations Act 2001.
Note: For the definition of grantor, see section 10 of the Act.
 (5) For item 6 of the table in subsection 8(2) of the Act, section 74 of the Act applies to an interest in personal property mentioned in the following provisions of the Act:
 (a) paragraph 8(1)(b);
 (b) paragraph 8(1)(c);
 (c) subparagraph 8(1)(f)(ii);
 (d) subparagraph 8(1)(f)(iv).

1.5  Interests to which the Act applies
 (1) For subsection 8(3) of the Act, the Act applies to:
 (a) a mortgage‑backed security; and
 (b) if transferred to a person in connection with the issue by the person of a mortgage‑backed security—a real property mortgage loan.
 (2) In this regulation:
mortgage‑backed security has the meaning given by section 286 of the Duties Act 2001 (Qld).

Division 3—Definitions

1.6  Definitions
  In these Regulations:
ACN (short for 'Australian Company Number') is the number given by ASIC to a company on registration under the Corporations Act 2001.
Act means the Personal Property Securities Act 2009.
agriculture means personal property that is crops or livestock.
aircraft means:
 (a) a machine or craft that:
 (i) can derive support in the atmosphere from the reactions of the air, other than the reactions of the air against the earth's surface; and
 (ii) has nationality and registration marks assigned to it under the Chicago Convention; or
 (b) an aircraft engine; or
 (c) an airframe; or
 (d) a helicopter.
aircraft engine has the meaning given by the definition of 'aircraft engines' in the Aircraft Protocol.
Note: The Aircraft Protocol contains the following definition of 'aircraft engines':
"aircraft engines" means aircraft engines (other than those used in military, customs or police services) powered by jet propulsion or turbine or piston technology and:
(i)  in the case of jet propulsion aircraft engines, have at least 1750 lb of thrust or its equivalent; and
(ii)  in the case of turbine‑powered or piston‑powered aircraft engines, have at least 550 rated take‑off shaft horsepower or its equivalent,
together with all modules and other installed, incorporated or attached accessories, parts and equipment and all data, manuals and records relating thereto.
Aircraft Protocol means the Protocol on Matters Specific to Aircraft Equipment, done at Cape Town on 16 November 2001.
Note: The Aircraft Protocol is a Protocol to the Convention on International Interests in Mobile Equipment, done at Cape Town on 16 November 2001.
airframe has the meaning given by the definition of 'airframes' in the