Document ID: chunk:federal_register_of_legislation:F2022C00632:schedule:1
Version: federal_register_of_legislation:F2022C00632
Segment Type: schedule
Provision Reference: sch 1
Character Range: 36228–37964

Schedule 1—Financing statement matters for items of table in subsection 153(1) of Act
(subregulation 5.5(1))

Part 1—Matters for items 1 and 2

1.1  Definitions for Part 1
  In this Part:
individual:
 (a) includes a sole trader who has an ABN for the enterprise for which the security interest is granted or held; and
 (b) does not include an individual who is a partner in a partnership or a trustee of a trust if the partnership or trust has an ABN for the enterprise for which the security interest is granted or held.

1.2  Individual secured party or grantor
 (1) For items 1 and 2 of the table in subsection 153(1) of the Act, this clause applies if the secured party or grantor is an individual.
 (2) The details mentioned in each item of the table, from the source mentioned for the item, are prescribed for the individual mentioned in the item.
 (3) For subclause (2), the prescribed details are the details mentioned in the item of the table that:
 (a) applies to the individual; and
 (b) has the lowest item number.
 (4) For a grantor, in addition to the details mentioned in each item of the table, the grantor's date of birth is prescribed.
 (5) The source for a grantor's date of birth is the source in an item of the table that:
 (a) includes details of dates of birth; and
 (b) applies to the grantor; and
 (c) has the lowest item number.
 (6) Item 1 of the table applies only to a registration by the Registrar under subsection 333(2) of the Act.

Item  Individual                                                                                          Details                                                                                                                                                       Source