Document ID: chunk:federal_register_of_legislation:C2024C00591:section:46a
Version: federal_register_of_legislation:C2024C00591
Segment Type: section
Provision Reference: s 46A
Character Range: 163098–163898

46A  Interests in fishing rights—priority between section 46 interests and PPSA security interests

Scope
 (1) This section sets out the priority between the following interests in a fishing right:
 (a) an interest (the section 46 interest) that is the subject of a dealing (the section 46 dealing), if the dealing has effect under section 46 (by registration);
 (b) a PPSA security interest.

Priority rules
 (2) The priority is as set out in the following table:

Priority between PPSA security interests and section 46 interests
Item                                                               If …                                                                                                                                                                                              then …