New Zealand Legislation: Acts

4 What this Act is about

• This Act mainly relates to—

  • the enforceability of an interest in personal property created or provided for by a transaction that secures payment of money or performance of an obligation; the interest is called a security interest:

  • how to determine the priority between security interests in the same personal property:

  • how to determine the priority between a security interest and another type of interest (for example, the interest of a buyer of goods) in the same personal property.