Queensland Consolidated Regulations Queensland Consolidated Regulations(1) The Code does not apply to the following mortgages--
(a) any mortgage relating to perishable goods, livestock, primary produce or food stuffs;
(b) a banker's right to combine accounts;
(c) a lien or charge arising by operation of any Act or law or by custom.
However, sections 14 and 15 of the Code (relating to disclosures) apply in respect of a mortgage referred to in paragraph (a).
(2) Section 83 of the Code does not apply to any mortgage relating to goods that are lawfully in the possession of the credit provider.
Note--
This exclusion is made under section 8(3) of the Code.