sec.566National regulations

### sec.566 National regulations The national regulations may prescribe— the circumstances in which the Regulator must apply to the Registrar of Personal Property Securities under the Personal Property Securities Act 2009 of the Commonwealth to register, amend or cancel an instrument in relation to a sample or thing referred to in this Division; and the priority in which the proceeds of the disposal of anything under this Division are to be applied. - (a) the circumstances in which the Regulator must apply to the Registrar of Personal Property Securities under the Personal Property Securities Act 2009 of the Commonwealth to register, amend or cancel an instrument in relation to a sample or thing referred to in this Division; and - (b) the priority in which the proceeds of the disposal of anything under this Division are to be applied.