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Chattel Securities (Continued Register) Regulations 2011

Legislation · Victoria · 2020
Authorised by the Chief Parliamentary Counsel Authorised Version i Chattel Securities (Continued Register) Regulations 2011 S.R. No. 166/2011 TABLE OF PROVISIONS Regulation Page 1 Objectives 1 2 Authorising provision 1 3 Commencement 2 4 Definition 2 5 Revocation 2 6 Variation of particulars in continued register 2 7 Fee for variation of particulars in continued register 3 8 Fee for application to obtain certificate 3 9 Fee for provision of information other than by certificate 3 10 Multiple applications 3 ═══════════════ ENDNOTES 4 -- 1 of 5 -- Authorised by the Chief Parliamentary Counsel Authorised Version 1 STATUTORY RULES 2011 S.R. No. 166/2011 Chattel Securities Act 1987 Chattel Securities (Continued Register) Regulations 2011 The Governor in Council makes the following Regulations: Dated: 21 December 2011 Responsible Minister: TERRY MULDER Minister for Roads MATTHEW McBEATH Clerk of the Executive Council 1 Objectives The objectives of these Regulations are to— (a) revoke the Chattel Securities (Registration) Regulations 2008 and amending Regulations; and (b) prescribe information that can be varied in the continued register kept under section 33 of the Chattel Securities Act 1987; and (c) prescribe fees; and (d) enable applicants under the Chattel Securities Act 1987 to make a number of applications under the same section of that Act simultaneously. 2 Authorising provision These Regulations are made under section 45 of the Chattel Securities Act 1987. -- 2 of 5 -- S.R. No. 166/2011 Chattel Securities (Continued Register) Regulations 2011 2 Authorised by the Chief Parliamentary Counsel 3 Commencement These Regulations commence on the day that section 6 of the Personal Property Securities (Statute Law Revision and Implementation) Act 2010 comes into operation. 4 Definition In these Regulations, the Act means the Chattel Securities Act 1987. 5 Revocation The following Regulations are revoked— (a) the Chattel Securities (Registration) Regulations 2008 1 ; and (b) the Chattel Securities (Registration) Amendment Regulations 20092 ; and (c) the Chattel Securities (Registration) Amendment (Fees) Regulations 20103 . 6 Variation of particulars in continued register For the purposes of section 36 of the Act, a prescribed change is— (a) a change to the particulars of a security interest entered in the register made in order to correct a clerical error; or (b) a change to the registration number made in accordance with the relevant Act under which the number was assigned; or (c) a change to a vehicle's engine identification number or vehicle identifier; or (d) the removal of the engine of a registered motor vehicle and the substitution of that engine with another engine; or (e) a change directed to be made by order of a court of competent jurisdiction. r. 3 -- 3 of 5 -- S.R. No. 166/2011 Chattel Securities (Continued Register) Regulations 2011 3 Authorised by the Chief Parliamentary Counsel 7 Fee for variation of particulars in continued register The fee payable for the variation of particulars of a security interest under section 36 of the Act is $5.20. 8 Fee for application to obtain certificate For the purposes of section 39(4) of the Act, the prescribed fee is 1·2 fee units. 9 Fee for provision of information other than by certificate For the purposes of section 40 of the Act, the prescribed fee is 1·72 fee units per 15 minutes or part thereof. 10 Multiple applications A person may make more than one application under a section of the Act in relation to the same matter at the same time and each application is taken to be a separate application for the purposes of the Act and these Regulations. ═══════════════ r. 7 -- 4 of 5 -- S.R. No. 166/2011 Chattel Securities (Continued Register) Regulations 2011 4 Authorised by the Chief Parliamentary Counsel ENDNOTES 1 Reg. 5(a): S.R. No. 112/2008 as amended by S.R. Nos 75/2009 and 36/2010. 2 Reg. 5(b): S.R. No. 75/2009. 3 Reg. 5(c): S.R. No. 36/2010. Endnotes -- 5 of 5 --