Dealing with registration issues on the PPSR

Publication Type:
Journal Article
Citation:
Governance Directions, 2014, 66 (9), pp. 569 - 572
Issue Date:
2014-10-06
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The Personal Property Securities Act 2009 (the PPSA) has been in operation for over two years now. The two-year transitional period ended at the end of January 2014 and all PPSA security interests must be properly perfected in order to preserve their priority in contests with other security interests and to avoid the vesting of the security interest upon formal insolvency/bankruptcy.
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