PERSONAL PROPERTY SECURITIES (COMMONWEALTH POWERS) ACT 2009 (NO. 60 OF 2009) - SECT 7 Termination of references

PERSONAL PROPERTY SECURITIES (COMMONWEALTH POWERS) ACT 2009 (NO. 60 OF 2009) - SECT 7

    (1)     The Governor in Council may, at any time, by proclamation published in the Government Gazette, fix a day as the day on which—

        (a)     all of the references that have effect are to terminate; or

        (b)     any or all of the amendment references that have effect are to terminate.

    (2)     A day fixed under subsection (1) must be no earlier than the first day after the end of the period of 12 months beginning with the day on which the proclamation is published under that subsection.

    (3)     The Governor in Council may, by proclamation published in the Government Gazette, revoke a proclamation published under subsection (1), in which case the revoked proclamation is taken, for the purposes of section 6, never to have been published.

    (4)     A revoking proclamation has effect only if published before the day fixed under subsection (1).

    (5)     The revocation of a proclamation published under subsection (1) does not prevent publication of a further proclamation under that subsection.

    (6)     If a proclamation terminating any amendment reference (but not the initial reference) has been published under subsection (1) and has not been revoked, the expression all of the references in subsection (1)(a) refers only to the initial reference and such of the other amendment references that have not yet been terminated.