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Recent News:
Personal Property Securities Act (Cth)
The Personal Property Security Act Register of Interests is expected to be made "live" in early 2012. This national register will enable registration of security interests. Compliance with this Act is a necessary step for security holders not wishing to be defeated by others having competing interests in personal property. Personal property generally includes most property other than real estate and its fixtures and fittings. The PPSR also allows creditors to register retention of title (ROT) interests.
The most up to date information on the rollout of the new legislation and the national register is available at the PPSR Government website http://www.ppsr.gov.au/Pages/ppsr.aspx
Feel free to contact Kristine Hopkins to find out more about the above recent developments and how they might affect your business.
Do you have unpaid invoices? Go to our Debt Collection page to find out why this might be the case for your business and what we suggest you can do to fix the problem.
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