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PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 188 Correction of registration errors

PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 188

Correction of registration errors

  (1)   The Registrar may (at his or her initiative) register a financing change statement to amend a registration to correct an error or omission made by the Registrar.

  (2)   If a registration is corrected under subsection   (1), this Act applies as if the error or omission had never been made.

Note 1:   The Registrar must give a verification statement to each secured party after the registration of a financing change statement (see section   156).

Note 2:   Application may be made to the Administrative Appeals Tribunal for review of the Registrar's decision to register a financing change statement (see section   191).