Victorian Numbered Acts

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PERSONAL PROPERTY SECURITIES (STATUTE LAW REVISION AND IMPLEMENTATION) ACT 2010 (NO. 74 OF 2010) - SECT 18

Provision of information for the purposes of the Personal Property Securities Act 2009 of the Commonwealth—Chattel Securities Act 1987

    (1)     The Corporation may provide, or cause to be provided, to the Registrar of Personal Property Securities or to any person employed in the administration of the Personal Property Securities Act 2009 of the Commonwealth, any information contained in the records of the Corporation under Part 3 of the Chattel Securities Act 1987 that is necessary to give effect to the Personal Property Securities Act 2009 of the Commonwealth, including to assist in the establishment of the Personal Property Securities Register.

    (2)     The information may be provided—

        (a)     before, on or after the commencement of section 5; and

        (b)     in any form the Corporation considers appropriate.

    (3)     Under subsection (1), the Corporation may disclose particulars or information relating to a security interest in interstate registrable goods only if—

        (a)     the Corporation held the particulars or information under an arrangement under section 15A of the Chattel Securities Act 1987 as in force before the commencement of section 5 with a corresponding Authority; and

        (b)     that corresponding Authority has requested the Corporation to disclose the particulars or information.



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