83BReferences to consumer credit contracts include security agreements

1. This section applies, unless the context otherwise requires, for the purposes of—

2. this Part; and
3. Part 1A (to the extent that it relates to consumer credit contracts to which this Part applies); and
4. any other provision of this Act that relates to—
   1. the enforcement, application, or effect of this Part (for example, the definition of repossession in section 5); or
   2. the enforcement, application, or effect of Part 1A (to the extent referred to in paragraph (b)).

5. If a security interest in consumer goods is or may be taken in connection with a consumer credit contract,—

6. the contract or arrangement that creates or provides for the security interest is to be treated as forming part of the consumer credit contract; and
7. references to a creditor must be treated as including the secured party within the meaning of section 16 of the Personal Property Securities Act 1999; and
8. references to a debtor must be treated as including the debtor within the meaning of section 16 of the Personal Property Securities Act 1999.

9. Subsection (2) applies even if a party to the contract or arrangement referred to in subsection (2)(a) is not a party to the consumer credit contract (for example, a guarantor who has given a security interest over consumer goods to secure the guarantor’s obligations under a guarantee that was given in respect of the consumer credit contract).

10. This Part applies whether or not a financing statement has been registered under the Personal Property Securities Act 1999 in respect of the security interest.