New Zealand Legislation: Acts

5 How Act arranged

• (1) The Act is arranged in Parts, as follows:

  • Part 1—Outline of this Act:

  • Part 2—Preliminary provisions:

  • Part 3—Principles relating to enforceability of security interests:

  • Part 4—Attachment and perfection of security interests in particular kinds of personal property:

  • Part 5—When buyers or lessees of goods or other collateral take goods or other collateral free of security interest:

  • Part 6—Additional provisions relating to when buyers or lessees of motor vehicles take motor vehicles free of security interest:

  • Part 7—Priority between security interests:

  • Part 8—Priority of other interests in collateral:

  • Part 9—Enforcement of security interests:

  • Part 10—Personal property securities register:

  • Part 11—Miscellaneous:

  • Part 12—Transitional provisions.

  (2) Sections 6 to 15 summarise what Parts 2 to 12 contain.

  Section 5(1): amended, on 15 April 2004, by section 3 of the Personal Property Securities Amendment Act 2004 (2004 No 30).