New Zealand Legislation: Acts

10 Part 7 (Priority between security interests)

• Part 7—

  • sets out how the priority between security interests in the same personal property is determined:

  • deals with the priority of particular kinds of security interests, such as purchase money security interests:

  • contains provisions dealing with priority between security interests in particular kinds of personal property, such as accessions and processed, manufactured, or commingled goods:

  • contains provisions dealing with the priority of security interests where the rights of the debtor in the collateral have been transferred.