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November 2005

Death of the NSW Bills of Sale Act

The Security Interests in Goods Act 2005 ("New Act") was passed on 16 September 2005 and assented to on 19 October 2005.  It has effectively repealed the Bills of Sale Act 1898 ("Bills Act") together with the Liens on Crops and Wool and Stock Mortgages Act 1898.  However, the new regime is not due to come into effect until 1 March 2006.

Newsletter Pf Nov2005.pdf

All Kemp Strang Briefs are intended to keep readers abreast of legal and firm developments current on issue of the Brief. They are not to be relied upon as a substitute for professional advice. Before acting on any specific matter please contact us.