(1) In section 3:
(a)
delete “Whenever crops” and insert:
(1) Whenever crops
(b)
delete “bill of sale then,” and insert:
security agreement
then,
(c)
delete “bill of sale.” (first and second occurrence) and insert:
security agreement.
(2) At the end of
section 3 insert:
(2) In accordance with
the Personal Property Securities Act 2009 (Commonwealth)
section 73(2)(a), it is declared that section 73(2) of that Act
applies to a charge created under subsection (1).