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Personal Property Securities Act update

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Important – Diarise 11 October 2011 now!

We have previously advised readers that the launch of the new PPSA regime was deferred. The revised launch date is Tuesday, 11 October 2011.

Glossary of new terminology

Not only does the PPSA introduce new rules to govern the registration of security over most types of personal property, but it also introduces a completely new glossary of terms and acronyms. Understanding what the new terms actually mean is an important part of being aware of how the PPSA system will operate, and how to comply with your obligations.

MST has compiled a glossary of terms as a practical resource to assist our clients.  If you would like a copy of the glossary sent to you, please email your request to us.

Authors: David Boyall and Susan Reece Jones

Send an email to David and Susan