PPSA law. 7.1 If a ‘security interest’ for the purposes of the Personal Property Securities Act 1999 (“PPSA”) arises in relation to the Equipment provided to the Customer under this agreement whether created or provided for by a lease for a term of more than 1 year or otherwise (“security interest”) then the terms of this clause 7 shall apply.
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Samples: leisurehire.co.nz, leisurehire.co.nz, leisurehire.co.nz