The first of four review papers considering the operation of the Personal Property Securities Act (“PPSR“) is now open for comments, with the remaining three papers to be released to the eager insolvency community over October 2014.
The first paper, titled “Reach of the Act” considers matters including the definition of “security interest” and whether this requires a proprietary interest in personal property, whether leases of personal property should give rise to security interests and also the definition of “account” and whether the legal transfer of accounts should give rise to security interests.
Comments in response to the first paper close 3 November 2014. A template for comments is available here.
The next paper considering the PPSR is titled “Creation and perfection of security interests; dealings in collateral; priority and taking free rules” and is due for release on 3 October 2014.
For more information please contact Daren Anderson.
People
With the technical skills, diverse backgrounds and practical experience to match, our teams care about their clients.
Our Expertise
We have a strong reputation for providing specialist, market-leading advice in the practices we offer. Our teams are experts in their field and provide an unrivalled service to clients.
News
We want to share our knowledge with you. A collection of news and insights into those areas in which we specialise.
Resources
We offer a relevant, easy access platform that allows clients and colleagues to gain access to relevant resources.
Contact Us
With offices in Sydney and Melbourne, our team pride themselves on always being available for their clients.
Careers
We are collaborative, respectful and inclusive. Recruiting the best talent is only half of the equation; providing a culture that enables development is the other.
See our exciting opportunities available for graduates, lawyers, legal support staff and business services professionals.