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ARTICLE · 18 AUGUST 2009

Personal Property Securities Bill 2009

DLA Piper Australia
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On 19 March 2009 the Senate Committee on Legal and Constitutional Affairs (Committee) released its recommendations on the Exposure Draft of the Personal Property Securities Bill 2008 (2008 Bill) following its inquiry on the 2008 Bill, which itself was a revised version of an earlier draft Bill which had been prepared and released for discussion in May 2008.

AustraliaCorporate/Commercial Law
David East
David East
Peter Faludi
Peter Faludi
George Marques
George Marques
Nigel Stranaghan
Nigel Stranaghan

On 19 March 2009 the Senate Committee on Legal and Constitutional Affairs (Committee) released its recommendations on the Exposure Draft of the Personal Property Securities Bill 2008 (2008 Bill) following its inquiry on the 2008 Bill, which itself was a revised version of an earlier draft Bill which had been prepared and released for discussion in May 2008.

Following on from the recommendations of the Committee, the Personal Property Securities Bill 2009 (2009 Bill) was released in June 2009.

The Committee called for submissions on the 2009 Bill by 31 July 2009. In our submission on the 2009 Bill we raised a number of continuing concerns, of which the main ones are summarised below.

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