- Description
- Specifications
The Personal Property Securities Register (PPSR) is a public register where security interests over personal property may be registered and searched.
This paper gives an overview of the Personal Property Securities Register under the following headings:
- Personal Property Securities Register
- Definition – Personal Property
- Type of Business Transactions Included
- PPSR Flow Chart
- The Personal Property Securities Legislation Regime
- Significant Change
- Legislation Absorbed Into Personal Property Securities Act
- History Of This Legislation
- What Is The Benefit?
- ‘Romalpa Clause’ Is Not Enough Protection
- If You Have A Romalpa Clause
- What’s The Problem?
- Preferential Payment
- Security Interest
- Transitional Period Ended
- Secured Creditor
- What Happens If You Don’t Register An Interest?
- Unregistered Security Interest
- Property Deemed As Being Free Of Security Interest
- Retention Of Title Clauses
- Personal Property Securities Lease
- What Is Not A PPS Lease?
- Purchase Money Security Interest (PMSI)
- Business Agreements That Should Be Reviewed
- Loans
- Intellectual Property
- Tenant/Landlord
- Service Entities
- Leasing Assets In House
- Financing Statements
- Registering A Financing Statement
- Pre-Sale Activities
- Priority Rules
- Don’t Need To Register All Supplies
- PPSR Is A Notice Board
- Motor Vehicle Searches
- Time To Register
- Legal Advice
- Searching The Register
- Buying Goods – Due Diligence
- Registering On The PPSR
- Search Fees
- Court Cases
- Terminology
- What Needs To Be Done
- Assistance That Has Been Offered
- Sample Letter
- Professional Advice