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ARTICLE · 05 FEBRUARY 2012

Hang on to your stuff, the PPS is coming

Colin Biggers & Paisley
Explore more from Colin Biggers & Paisley

Understand how the PPS will affect you, your business and your ownership of property, both tangible and intangible.

AustraliaFinance and Banking
Lindsay Prehn
Lindsay Prehn
Nick Crennan
Nick Crennan

In brief - Goods, vehicles, equipment, intellectual property and contractual rights under the PPS

It's absolutely vital that you understand how the new PPS legislation affects you, your business and your ownership of property, both tangible and intangible.

PPS to affect many businesses

The new Personal Property Securities (PPS) regime is due to commence on 30 January 2012. If you are involved in supplying or leasing anything to anyone, you have just enough time to consider how the implementation of the new single register of all "security interests" will affect your ownership rights.

What is the PPS regime?

The new PPS regime replaces all previous state and territory laws regarding security held over personal property with one national online system, the PPS Register.

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