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ARTICLE · 27 AUGUST 2009

Personal Property Securities Bill 2009 - Release Of Final Senate Committee Report

DLA Piper Australia
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The Senate Committee on Legal and Constitutional Affairs (Committee) recently conducted an inquiry into the 2009 Bill.

AustraliaFinance and Banking
David East
David East
Peter Faludi
Peter Faludi
George Marques
George Marques
Nigel Stranaghan
Nigel Stranaghan

The Senate Committee on Legal and Constitutional Affairs (Committee) recently conducted an inquiry into the 2009 Bill. This inquiry has now been concluded and the Committee's Report was released on 20 August 2009.

The purpose of this Update is to advise on the Committee's findings and provide guidance as to how the Personal Properties Securities (PPS) process is to proceed.

SUBMISSIONS

The Committee received 26 submissions in respect of the inquiry, including, interestingly, from the Attorney General's Department.

In addition to the submissions, the Attorney General's department provided specific answers to issues raised by the various submissions and provided such answers to the Committee.

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