Chapter 1
Introduction
1.1
On 28 October 2009, the Senate referred the provisions of the Personal
Property Securities (Consequential Amendments) Bill 2009 to the Senate Legal
and Constitutional Affairs Legislation Committee for inquiry and report by 23 November 2009.
1.2
The Bill was introduced into the House of Representatives on 21 October
2009 by the Attorney-General, the Hon. Robert McClelland MP. The government
states that:
This bill will amend 25 Commonwealth acts that deal with the
creation, registration, priority, extinguishment or enforcement of interests in
personal property.
...
This bill also makes minor amendments to the Personal
Property Securities Bill 2009, which was passed by the House on 16 September.
Conduct of the inquiry
1.3
The committee advertised the inquiry in The Australian newspaper
on 4 November 2009. Details of the inquiry, the Bill and associated
documents were placed on the committee’s website. The committee also wrote, on
29 October 2009, to 75 organisations and individuals inviting submissions by 9
November 2009.
1.4
The committee received 10 submissions which are listed at Appendix 1. Submissions were placed on the committee's website for ease of access by the public.
1.5
The committee held a public hearing in Melbourne on 10 November
2009. A list of witnesses who appeared at the hearings is at Appendix 2, and
copies of the Hansard transcript are available through the internet at https://www.aph.gov.au/hansard.
Scope of the report
1.6
The structure of the report is as follows:
Acknowledgement
1.7
The committee thanks those organisations and individuals who made
submissions and gave evidence at the public hearings.
Note on references
References in this report are to individual submissions as
received by the committee, not to a bound volume. References to the Committee
Hansard are to the proof Hansard: page numbers may vary between the proof and
the official Hansard transcript.
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