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.
Australie · 1940-12-30