Commonwealth Consolidated Acts

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PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 103

Priority of purchase money security interest in processed or commingled goods

    Despite section   102, a perfected purchase money security interest in goods that continues in the product or mass has priority over:

  (a)   a non - purchase money security interest in the goods that continues in the product or mass; and

  (b)   a non - purchase money security interest in the product or mass given by the same grantor.

 



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