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Statutory Interpretation Essay
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Statutory Interpretation Essay

70327 - Commercial Law

9 Pages 1 Student Found this helpful University of Technology Sydney Essay / Project Year Uploaded: 2016

Under the Personal Properties Securities Act 20091 a personal property interest is ‘provided by any transactions, that, in substance, secures payment or performance of an obligation.’2 In these circumstances, a grantor can be defined as a ‘person who has the interest in the personal property to which a security interest is attached.’3 The person holding the security interest for the benefit of their own, or another person, is the secured party.4 Secured Parties and Their Security Interests

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