Originally published in the Australian Banking & Finance Law Bulletin 2017 (Vol 33. No 4), this article offers an informative overview of the recent case law which has highlighted common areas of confusion and elements of uncertainty under the Personal Property Securities Act 2009 (Cth) (PPS Act).
It also provides a summary of the compliance requirements for an effective registration on the PPS Register, covers recent legislative amendments, and considers what is next in PPS reform.
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