Institute of Certified Bookkeepers

Personal Property Securities Register (PPSR)


PPSR Overview

Many people think that the PPSR is not relevant to them. However, it is relevant to most Australian businesses. Do your clients;

  • Sell goods on retention of title terms?
  • Hire, rent or lease out goods?
  • Buy or sell valuable second-hand goods or assets?
  • Want to raise finance using stock or other assets as collateral?
  • Work as an adviser to clients who conduct these activities?

In 2012 a new law, which also established a new national register, was introduced which affects anyone who answered ‘yes’ to any of these questions. That's a significant proportion of Australian business.

Why do I need to do things differently?

The law has changed and that may mean changes in the way you operate. The national register has also replaced a range of Commonwealth, state and territory registers – such as vehicle security registers like REVS and the ASIC Register of Company Charges.

The following articles are intended to help you and your clients who may not be familiar with the practical implications of this law. It also explains how you might benefit from using the national online system – the Personal Property Securities Register, also known as the PPSR.


Resource Library

  1. Why Use the PPSR
  2. How to Use the PPSR
  3. PPSR - Does it effect your clients
  4. What is the PPSR?

PPSR Website

www.ppsr.gov.au - home page

 

  • Updated: 30th November 2020
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