Are you protected under the PPSA?

Transitional Period ended on 30 January 2014

Personal Property Securities Act (PPSA) - Are you ready?

p: 08 6160 4600
e: enquiries@ppsrs.com.au

Over 20 years of collective insolvency experience ensures PPS Registry Solutions delivers a complete and practical business solution.

What is the PPSA?

The Personal Property Securities Act 2009 (PPSA) was created to establish legal certainty over ownership and property rights between you and your clients and creates a single national registry (the PPS Register).

Recent PPSA Court Decisions

On 27 June 2013, the Supreme Court of NSW handed down Maiden Civil (P&E) Pty Ltd & Ors v Queensland Excavation Services Pty Ltd & Ors [2013] NSWSC 852, a decision which confirmed the importance of complying with the PPSA and the substantial impact of a company's failure to register their ownership interest on the PPS Register.

Who is at risk?

  • Goods supplied on credit (under ROT or otherwise)
  • Supplier of goods on consignment
  • Lessors of items of property
  • Financiers/hire purchase providers

What is the risk?

Without protection under the PPSA, a supplier may lose legal entitlement to the goods supplied / leased regardless of whether consideration has been paid by the purchaser/lessee.

Who we are

PPS Registry Solution is a specialist PPSA advisory firm. Our principals are members of the Institute of Chartered Accountants and members of the Australian Restructuring Insolvency and Turnaround Association.

Our practical approach ensures your business is prepared for the PPSA.

Contact us to see how we can help

Our Services

Our PPSA products provide a tailored economical solution to cover PPSA risk exposures your business may face.

Superior online PPSR solution.

  • No monthly fees
  • Data verification
  • Bulk uploads
  • Renewal reminders
  • Monthly billing