Registration of Interests in Goods Act 1986 Regulation to give effect to arrangements made with Victoria in relation to interests in goods (1994-364) [GG No 101 of 3.8.1994] (NSW)

1994—No. 364

REGISTRATION OF INTERESTS IN GOODS ACT 1986—

REGULATION

(To give effect to arrangements made with Victoria in relation to interests

in goods)

NEW SOUTH WALES

[Published in Gazette No. 101 of 3 August 1994]

HIS Excellency the Governor, with the advice of the Executive Council, and in pursuance of the Registration of Interests in Goods Act 1986, has been pleased to make the Regulation set forth hereunder.

WENDY MACHIN MP

Minister for Consumer Affairs.

Commencement

1. This Regulation commences on 4th August 1994.

Amendment

2. The Registration of Interests in Goods Regulation 1986 is amended

by inserting after clause 14 the following clauses:

Victoria to be a participating State

15. Victoria is a State prescribed for the purposes of the definition of

“participating State” in section 3 (1) of the Act.

Corresponding provisions

16. (1) In this clause:

“Principal Act” means the Registration of Interests in Goods Act

1986;

“Victorian Act” means the Chattel Securities Act 1987 of Victoria. (2) Section 7 (7) and (8) of the Victorian Act are prescribed

provisions for the purposes of section 14 (2) of the Principal Act.

1994—No. 364

(3) Sections 25 and 26 of the Victorian Act are prescribed provisions

for the purposes of section 15 (3) (b) of the Principal Act.

EXPLANATORY NOTE

The object of this Regulation is to give effect to arrangements made between New South Wales and Victoria for the registration in New South Wales of interests in goods arising under the law of Victoria, and for related matters.

This Regulation is made under the Registration of Interests in Goods Act 1986.
including sections 14 (2). 15 (3) (b) and 21 (the general regulation-making power).