Secured Transactions Act · s 33

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s 33Priority of purchase money security interests in goods that continue in processed or commingled goods

Notwithstanding section 32, a perfected purchase money security interest in goods that continues in a product or mass shall have priority over —

Secured Transactions

(a)

a non-purchase money security interest in the goods that continues in the product or mass; and

(b)

a non-purchase money security interest in the product or mass given by the same debtor.

Priority of security interests in transferred collateral