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ARTICLE · 10 SEPTEMBER 2009

Further Recommendations On Personal Property Securities Bill

Clayton Utz
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The public debate regarding the proposed personal property securities reform currently being considered by the Commonwealth Government proves the truth of the saying that "you can't please all of the people all the time".

AustraliaGovernment, Public Sector
Angela Flannery
Angela Flannery
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The public debate regarding the proposed personal property securities reform currently being considered by the Commonwealth Government proves the truth of the saying that "you can't please all of the people all the time". In fact, based on the submissions made to the second Senate Legal and Constitutional Affairs Committee inquiry regarding the Personal Property Securities Bill (PPS Bill) introduced to the House of Representatives in June 2009, you could say, at least in the case of the PPS Bill, that you cannot please any of the people, any of the time. Given the wide range of views presented to the inquiry it is perhaps unsurprising that the Committee did not make definitive recommendations for amendments to the PPS Bill, as discussed below.

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