Commonwealth Numbered Acts
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PERSONAL PROPERTY SECURITIES ACT 2009 (NO. 130, 2009) - SECT 49
Taking investment interest or entitlement free of security interest in the ordinary course of trading
A person who buys an investment instrument or an investment entitlement in the
ordinary course of trading on a prescribed financial market (within the
meaning of the Corporations Act 2001 ) takes the instrument or entitlement
free of a security interest in the instrument or entitlement.
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