126BPetroleum titles and low-impact prospecting titles not personal property under Personal Property Securities Act 2009 (Cth)

#### 126B Petroleum titles and low-impact prospecting titles not personal property under Personal Property Securities Act 2009 (Cth) 126B Petroleum titles and low-impact prospecting titles not personal property under [Personal Property Securities Act 2009](http://www.legislation.gov.au/) (Cth) > Each of the following is declared not to be personal property for the purposes of the [Personal Property Securities Act 2009](http://www.legislation.gov.au/) of the Commonwealth— > > > (a) a petroleum title, > > > (b) a low-impact prospecting title granted under Division 6 of Part 3. > > Note— > > The [Personal Property Securities Act 2009](http://www.legislation.gov.au/) of the Commonwealth does not apply in relation to a right, licence or authority granted by or under a law of a State that is declared by the law not to be personal property for the purposes of that Act. > > **s 126B:** Ins 2010 No 57, Sch 1.17.