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ARTICLE · 20 JULY 2020

Personal Property Securities Register – what, when and why?

Registrations on the PPSR are relatively simple and generally inexpensive, and offer protection for security interests.

AustraliaCorporate/Commercial Law

This article provides a refresher on the key practical issues to consider when registering a security interest on the Personal Property Securities Register (PPSR).

What is the PPSR?

The PPSR is a single national register for the registration of security interests established under the Personal Property and Securities Act 2009 (Cth) (PPSA), which commenced on 30 January 2012. The PPSR replaced numerous national and state based security registers, including the company charges register previously administered by the Australian Securities and Investment Commission.

What can be registered?

The PPSR is for registration of 'security interests' taken over 'personal property', to assist with protecting the priority position of that security interest.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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