If you hire, rent or lease out goods changes to the Personal Property Securities Amendment Bill may affect you. The changes came into affect on 20 May 2017.
Personal Property Securities Act
Change is here ~ Personal Property Securities Act
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turned_in_notPersonal Property Securities Act
From 1 October 2015 the requirement to register leases and bailments of serial numbered goods for a term of between 90 days and one year will no longer apply.
Perfection Trumps Retention – Personal Property Securities Act Update
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turned_in_notLenin Volney, Personal Property Securities Act, PPSA, Priority of Security Interests, Retention of Title
We have in previous additions of our newsletter, highlighted the critical importance of registration in relation to the Personal Property Securities Act (PPSA) and the Personal Properties Security Register (PPSR).
What is a Contract?
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turned_in_notPersonal Property Securities Act, PPSA
Recently I dealt with a client who was involved in an ongoing arrangement with another person. The client did not consider that arrangement to be a “contract” because the terms of the arrangement were not committed to writing. In essence,…