Accidental Discharges from the PPSR

This post was originally published on this site (Paul Miller)

Even with the best will in the world, every now and again a mistake will get made, and, in addition to the plethora of opportunities for making mistakes in lodging a registration on the PPSR, it is also quite easy to mistakenly discharge one of your registrations.  Unfortunately, unlike the

When will the registration of my security interest under the Personal Property Securities Act 2009 expire?

This post was originally published on this site (William Stark)

The Personal Property Securities Register (“PPSR”) commenced operation on 30 January 2012. 

A large number of securities registered under that Act by financiers were for 7 years. 

As a result, there will be a significant number of registered security interests automatically expiring on 30 January 2019.

Any security holder should be reviewing their registrations