The PPSA, or its Registration Commencement Time (RCT), was
expected to kick off on 31 October 2011 and we all waited with
bated breath for this to occur...
Time passing
31 October 2011 has come and gone, so where are we now?
It has become clear that getting the PPS Register functional in
time, meant that a commencement date of 31 October 2011 was no
longer feasible. Section 306 of the PPSA provides that the RCT is
the "start of the first day of the month that is 26 months
after the month in which this Act is given the Royal Assent or an
earlier time determined by the Minister."
The PPSA was given Royal Assent on 10 December 2009, so
technically the latest RCT under the PPSA is 1 February 2012 (the
"Deadline"). While no updated RCT has been formally
announced as yet, 30 January 2012 is the date that
the Attorney General's department is working towards and
which is referred to on its website.
