(1) Delete
section 8A(4) and insert:
(4) The cost of
removal under subsection (3) is a debt due to the Crown and a first
charge in priority to all other claims on the materials comprising the private
jetty.
(5A) 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 (4).
(5B) The Minister may
recover that cost of removal under subsection (3) by causing the
materials comprising the private jetty to be sold.
(5C) If under
subsection (5B) any materials comprising the private jetty are sold in
good faith to a person and the person takes the property in good faith, the
person receives good title to the materials against every other person
including its true owner.
(2) In
section 8A(5) delete “subsection (4)” and insert:
subsection (5B)