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Co-operatives Act 2009
Sch 3Registration etc. of charges
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Schedule 3 — Registration etc. of charges
1. Terms used 432
2. Application to charges referred to in clause 17 433
3. Lodgment of documents 433
Division 2A — Schedule ceases to have effect except as otherwise provided
4A. Terms used 433
4B. Effect of Schedule at and after registration commencement time 434
4C. Refusal to exercise registration functions 434
4D. Priority between registrable charges 435
Division 2 — Registration
Subdivision 1 — Charges
4. Charges to which the Schedule applies 435
5. Excluded charges 436
6. Personal chattels 436
7. Book debts 437
8. Crops or stock 437
9. Deposit of documents of title 437
10. Charges on land or fixtures on land 438
11. Where other property is also charged 438
12. Effect of failure to lodge or give notice or document 438
Subdivision 2 — Notice of charge
13. Lodgment of notice of charge and copy of instrument, and transitional provision 438
14. Series of debentures 440
15. Operation of priority provisions in respect of issue of debentures 440
16. Discounts 440
17. Acquisition of property subject to charge 441
Subdivision 3 — Registration
18. Register of Co‑operative Charges 442
19. Registration of documents relating to charge 442
20. Provisional registration if stamp duty not paid 443
21. Provisional registration if required particulars not supplied 444
22. Effect of provisional registration 445
23. If 2 or more charges relate to the same property 446
24. Registration of assignment or variation of charge 446
25. Standard time for the purposes of this Subdivision 446
Subdivision 4 — Certain charges void against liquidator or administrator
26. Terms used 447
27. Certain charges void against liquidator or administrator 447
28. Certain varied charges void against liquidator or administrator 448
29. Supreme Court may extend required period 449
30. Certain later charges void 450
31. Effect of provisions on purchaser in good faith 450
Subdivision 5 — Certain charges in favour of persons void
32. Terms used 451
33. Charges in favour of certain persons void in certain cases 451
34. Supreme Court may give leave for enforcement of charge 452
35. Certain transactions excluded 452