173 Search purposes, etc

A search of the register may be carried out only by the following persons for the following purposes:

(a)

an individual, or a person with the consent of the individual, for the purpose of searching for information about that individual in accordance with the Privacy Act 1993:

(b)

a debtor or secured party for a purpose that relates to the debtor’s or secured party’s security interest in respect of which a financing statement has been registered:

(c)

a person for the purpose of—

(i)

establishing whether or not personal property that is to be purchased or otherwise dealt with by the person is subject to a security interest:

(ii)

establishing whether to provide credit to, or to obtain a guarantee or an indemnity from, the person named in the search or the person with an interest in the personal property described in the search:

(iia)

establishing whether to provide credit to, or to obtain a guarantee or an indemnity from, a related company of the company named in the search or of the company with an interest in the personal property described in the search:

(iii)

establishing whether to invest in, with, or through, the person named in the search:

(iv)

establishing whether to invest in, with, or through, a related company of the company named in the search or of the company with an interest in the personal property described in the search:

(d)

a liquidator of a company for a purpose that relates to the administration of the liquidation:

(e)

a receiver for a purpose that relates to the administration of the receivership:

(f)

the Official Assignee for a purpose that relates to the administration of the bankruptcy of the person named in the search:

(g)

an executor or administrator of a deceased estate for a purpose that relates to the administration of the deceased estate of the person named in the search:

(h)

a public sector agency for a purpose that relates to the maintenance of the law (including the prevention, detection, investigation, prosecution, and punishment of offences):

(i)

the holder of a lien or charge, or a creditor, for a purpose that relates to the enforcement of the lien, charge, or creditor’s rights, as the case may be:

(j)

a bailiff of the High Court of New Zealand or of any other court for a purpose that relates to the enforcement of a court order or warrant:

(k)

any news medium for the purpose of verifying or establishing, in relation to a particular record, a fact that relates to its news activities:

(ka)

the Registrar for a purpose that relates to any of the functions, duties, and powers exercisable by the Registrar in relation to this Act:

(l)

a person for the purpose of advising another person in connection with any of the purposes referred to in paragraphs (a) to (ka).

Section 173(c)(iia): inserted, on 15 April 2004, by section 25(1) of the Personal Property Securities Amendment Act 2004 (2004 No 30).

Section 173(c)(iv): added, on 15 April 2004, by section 25(2) of the Personal Property Securities Amendment Act 2004 (2004 No 30).

Section 173(j): amended, on 15 December 2005, by section 4 of the Personal Property Securities Amendment Act 2005 (2005 No 110).

Section 173(ka): inserted, on 20 September 2007, by section 7(1) of the Personal Property Securities Amendment Act 2007 (2007 No 72).

Section 173(l): amended, on 20 September 2007, by section 7(2) of the Personal Property Securities Amendment Act 2007 (2007 No 72).