The Personal Property Securities Act 2009 (Cth) (PPSA) is a law about security interests in personal property. It has changed the way in which security is granted and registered in Australia. If you or your business is lending money in Australia, it’s vital that you ensure that your security interest is registered on the Personal Property Securities Register (PPSR).
One of our specialist banking and finance lawyers can advise on whether your security interest is registrable, and will then be able to draft the necessary security documentation, and register the interest on the PPSR.
If you’d like to speak with one of our team about PPSR Registration just call us on 1300 544 755 or fill out the form on this page!
Under the PPSA, it’s not only security interests, such as General Security Agreements, that can be registered, leases can also be registered. Whether or not your lease can be registered depends on the length of the lease, and a range of other factors. It’s obviously sensible for you to check whether your interest, whether it is a GSA or a lease agreement, is registrable.
Registering your security can be complex. Our banking and finance team have years of experience in PPSR registration and security enforcement. Get in touch for an obligation free chat!