This content is exclusively provided by FAO / FAOLEX

Growers Charge Act 1940.

Country
Type of law
Legislation
Date of original text
Date of latest amendment
Source

Abstract
The Act creates a charge in favor of the grower of certain crops. The Act provides that such charge in favour of the grower shall be subject to the following conditions: (a) It shall rank immediately after any other statutory charge and any advance for or towards the cost (as ascertained in the prescribed manner) of growing, harvesting, and carting such crops made under any security agreement. (b) It shall be paid or satisfied in priority to all other moneys secured by any security agreement.
Long title of text
An Act to reserve to the grower of certain crops which are subject to a security agreement an interest in such crops by creating a charge in his favour, and for other purposes.
Notes
Including amendments up to Personal Property Securities (Consequential Repeals and Amendments) Act 2011 Pt. 4 Div. 5 (42 of 2011). Reprint as 30 January 2012.
Repealed
No
Source language

English

Legislation Amendment
No