Motor Vehicles Securities and Other Acts Amendment Bill 2001 (Qld)

Queensland

MOTOR VEHICLES SECURITIES AND OTHER ACTS AMENDMENT BILL 2001

Queensland

MOTOR VEHICLES SECURITIES AND OTHER ACTS AMENDMENT BILL 2001

TABLE OF PROVISIONS Section Page PART 1—PRELIMINARY 1 Short title... eee eens 6 2 Commencement... .......0 066. e cece eee eee eee eens 6 PART 2—AMENDMENT OF MOTOR VEHICLES SECURITIES ACT 1986 3 Act amended in pt 2.0.0... eee 6 4 Replacement of title... 0... eee eee 6 5 Replacement of s 1 (Short title)... 2... eee eee ee 7 PART 1—PRELIMINARY 1 Short title 0... eee eee eee 7 6 Amendment of s 5 (Definitions) ............. 000 e cece eee eee eee 7 7 Insertion of new ss 5A and 5B and pt hdg..................000000008 8 5A — Meaning of "motor vehicle" ............ 0.0000 cece eee e eee 8 SB Application of declared sections .............0... 00 cece sees 8 8 Amendment of s 6 (Register)... 2... eee eee eee eee eee 9 9 Amendment of s 7 (Application for registration, or renewal of registration, of security interest) ©... 6... eee eee eee ee 9 10 Amendment of s 7A (Registration of restraining orders) ............... 9 11 Amendment of s 8 (Application for assignment of a registered security interest) 9 12 Omission of s 11 (Effect of failure to register a security interest) ........ 10 13 Replacement of s 12 (Priority of security interests) ................... 10 12 Priority of security interests........ 0.0... 0c eee eee 10 14 Insertion of pt and div hdgs.. 1.2.2... eee eee eee eee 11

15 Amendment of s 14 (Application for discharge of registered security interest) 11 Motor Vehicles Securities and Other Acts Amendment Bill 2001 1820 2225 27 29

Replacement of s 18 (Rectification of register)...................200. 18 Rectification of register . 2.0.0.6... cece eee 18A Removal of particulars of improperly registered interests......... Insertion of div hdg... 2.2... eee eee Insertion of pt hdg.. 2.2... eee eee Amendment of s 22 (Security interest certificate)...... 2.2... 00.000. Replacement of s 23 (Inspecting the register)....................000. 23 Inspecting register... 1... eee Insertion of div hdg... 2.2... eee eee Amendment of s 26 (Extinguishing of security interest) ............... Insertion of news 260A ... 0.66. eects 26A Revival of extinguished security interest...................00. Amendment of s 27 (Purchases to which s 26 does not apply)........... Replacement of s 30 (Compensation for loss etc. by purchaser) ......... 30 Effects of incorrect certificate... 6.2... 00... PART 5—GENERAL