Justice Legislation (Bills of Sale, Stock Mortgages and Liens) Amendment Bill 1998 (Qld)

Queensland

JUSTICE LEGISLATION (BILLS OF SALE, STOCK MORTGAGES AND LIENS) AMENDMENT BILL 1998

JUSTICE LEGISLATION (BILLS OF SALE, STOCK MORTGAGES AND LIENS) AMENDMENT BILL 1998

TABLE OF PROVISIONS

Section Page PART 1—PRELIMINARY

1 Short title 2.2... eee eee 8

2 Commencement ........ 0.0.6 c ccna 8

PART 2—AMENDMENT OF BILLS OF SALE AND OTHER INSTRUMENTS ACT 1955

3 Act amended in pt2 2.1.2.2... cece cece eee eens 8 4 Replacement of s 2 (Commencement) .....................0000000. 8

2 Act binds all persons... 2.6... cece eee 8 5 Amendment of s 6 (Meaning of terms) ...................000000000. 9 6 Replacement of pt 2 (Registrations) .............. 0.0 cece eee eee eee 11

PART 2—REGISTRATION AND ITS EFFECTS Division 1—Application of part

7 Application of pt 2.1.0.0... 0. eee eee 11 Division 2—The register and registration

8 Register... 0.0... ene eee eee 11 9 Application for registration of security interest................. 12 10 Application for renewal of registration of security interest ....... 12 11 Registration, or renewal of registration, of security interest ...... 13 12 Expiry of registration... 2.2... 0... 13

Division 3—Other provisions about registration and registered security interests

13 Inspecting the register... 1.6... eee ee eee 13

Justice Legislation (Bills of Sale, Stock Mortgages and Liens) Amendment 12 14 Copies of documents to which security interest relates.......... 14 15 Registration of restraining orders ...............00e cece eeeee 14 16 Application for registration of assignment of registered

security interest 2.0.0.6... eee eee eens 15 17 Registration of assignment of a registered security interest....... 15 18 Effect of failure to register a security interest.................. 15 18A Priority given from time of registration ................-..005 15 18B Priority of security interests ......... 0.000. e cece 16