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The PPSA will commence on 30 January 2012 when the Personal Property Securities Register (PPS Register) goes ‘live’. The provisions of the PPSA are revolutionary in terms and will significantly alter legal title over personal property. Every area of business will be affected. In particular suppliers, sellers and distributors of goods by way of sale or consignment need to take immediate action. Similarly hirers/lessors of plant and equipment and motor vehicles are immediately affected.
Session 2: PPS Register - A practical guide to registration on and search methods
A person who holds a ‘security interest’ or to whom a security interest is granted should register on the PPS Register. Financiers and buyers of goods will want to search the PPS Register. This presentation will show you the basics including:
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Why should you search the PPS Register?
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Registering as a secured party group
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Registering as an account holder
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Registering a financing statement including information about the details required to create a registration
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Verification statement and the importance of the ‘token’
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Amending or discharging registrations
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Searching the PPS Register
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Priorities revisited.
Session inclusions
All delegates will receive a copy of the presentation and any handouts.
Who should attend
Practice/business – advisors, accountants, lawyers, proprietors etc
CPE Hours
Earn 9.0 CPE hours for the series (or 1.5 CPE hours per session)
*Purchase the full 6 Part Series to receive 10% off the individual session pricing
This session is part of the following series
PPSA Series: Personal Property Securities Act 2009 - What you need to know
Presenter
