QLDIn ForceAct
Queensland Theatre Company Act 1970
sec.20Effect of sale or other disposal of property
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### sec.20 Effect of sale or other disposal of property
This section applies to the sale or other disposal of any property under section 18 .
The sale or other disposal is valid against all persons.
A secured party can not enforce any security interest in the property or the proceeds of sale against—
the theatre company; or
an entity to whom an amount is paid or payable under section 18 (2A) (a) ; or
an entity to whom the property is sold.
Compensation is not recoverable against the theatre company for the sale or other disposal.
In this section—
secured party has the meaning given by the Personal Property Securities Act 2009 (Cwlth) , section 10 .
security interest has the meaning given by the Personal Property Securities Act 2009 (Cwlth) , section 12 .
s 20 prev s 20 om 1995 No. 58 s 4 sch 1
pres s 20 ins 1997 No. 79 s 68
amd 2001 No. 71 s 551 sch 1 ; 2010 No. 44 s 215
(sec.20-ssec.1) This section applies to the sale or other disposal of any property under section 18 .
(sec.20-ssec.2) The sale or other disposal is valid against all persons.
(sec.20-ssec.3) A secured party can not enforce any security interest in the property or the proceeds of sale against— the theatre company; or an entity to whom an amount is paid or payable under section 18 (2A) (a) ; or an entity to whom the property is sold.
(sec.20-ssec.4) Compensation is not recoverable against the theatre company for the sale or other disposal.
(sec.20-ssec.5) In this section— secured party has the meaning given by the Personal Property Securities Act 2009 (Cwlth) , section 10 . security interest has the meaning given by the Personal Property Securities Act 2009 (Cwlth) , section 12 .
- (a) the theatre company; or
- (b) an entity to whom an amount is paid or payable under section 18 (2A) (a) ; or
- (c) an entity to whom the property is sold.