Victorian Consolidated Legislation

Chattel Securities Act 1987 - SECT 4

PART 2 SECURITY INTERESTS

Application of Part

4. Application of Part



(1) The provisions of this Part (other than section 5) apply (notwithstanding
anything to the contrary in any other Act or law) to and in respect of a
security interest (whether created within or outside Victoria) if the goods
the subject of the security interest-



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   (b)  are for the time being situated in Victoria.

(2) Section 5 applies (notwithstanding anything to the contrary in any other
Act or law) to and in respect of a security interest (whether created within
or outside Victoria) if the goods the subject of the security interest are at
the date of attachment of the security interest situated in Victoria.

(3) Subject to subsection (4), a reference in this Part to a security interest
does not include a reference to a security interest which attaches before the
date of commencement of this section.

(4) Sections 7 and 10 have effect in relation to a security interest relating
to registrable goods or interstate registrable goods as if in those sections a
reference to a security interest were a reference to a security interest which
attaches before, upon or after the commencement of this section.