Personal Property Securities Amendment Act 2015

Link to law: http://www.palemene.ws/new/wp-content/uploads/01.Acts/Acts%202015/Personal-Property-Securities-Amendment-Act-2015-Eng.pdf

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rangement of Provisions

1. Short title and commencement 2. Section 34 amended


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2015, No. 7

AN ACT to amend the Personal Property Securities Act 2013
(“Principal Act”). [2nd
February 2015]

BE IT ENACTED by the Legislative Assembly of Samoa in
Parliament assembled as follows:

1. Short title and commencement-(1) This Act may be cited
as the Personal Property Securities Amendment Act 2015.
(2) This Act commences on the commencement of the
Principal Act.

2. Section 34 amended - In section 34 of the Principal Act for
subsection (7), substitute:

“(7) A notice substantially complying with the
requirements of this Division is effective unless it is seriously
misleading.

2 Personal Property Securities Amendment 2015, No. 7

(8) A notice is seriously misleading if it does not provide
the name of the debtor that can be retrievable by search of the
registry.”.

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The Personal Property Securities Amendment Act 2015 is
administered by the Ministry of Commerce, Industry and Labour.