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ARTICLE · 06 MARCH 2014

PPSA deadline a timely reminder for the construction industry

You should make sure that you register your security interests in the Personal Property Securities Register (PPSR).

AustraliaCorporate/Commercial Law

In brief - Make sure you register your security interests in the Personal Property Securities Register (PPSR)

Whether you are a principal, contractor, subcontractor, supplier or consultant, it is critical that you identify any interests that you need to register on the Personal Property Securities Register (PPSR) and register them ASAP. If you don't you risk losing ownership.

Transitional period ends on 31 January 2014

At midnight on 31 January 2014, the transitional period under the Personal Property Securities Act 2009 (PPSA) expires. It's therefore a good time to review the key traps that this, and the PPSA generally, might cause for those in the construction industry.

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