Document ID: chunk:federal_register_of_legislation:C2013C00609:clause:2_123
Version: federal_register_of_legislation:C2013C00609
Segment Type: clause
Provision Reference: sch 2 cl 123
Character Range: 148094–148786

123  Subsection 333(4)
Repeal the subsection, substitute:
 (4) This subsection applies if, in the Registrar's opinion, the registration of the interest in the personal property in the transitional register would have ended at a particular time (the transitional registration end time) in accordance with the law under which the transitional register was maintained (as in force immediately before the migration time).

Registration time
 (5) The registration time for the personal property is the registration commencement time.
Note: However, the migrated security interest in the personal property is perfected from immediately before the registration commencement time (see section 322).