The Queensland Law Society Banking and Finance Law Committee presents

In Focus: Personal Property Securities Act 2009

Thursday 2 February 2012, 8:00am–9:30am
Law Society House, 179 Ann Street
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Seminar DVD (Resource code: 120202D)
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$150 members
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Overview

1.5 CPD points

The personal property registers are effective from 31 January 2012 requiring practitioners across different practice areas to know the changes and the application of the PPSA. This short newsflash provides practical application of the Act including business activities such as bailment arrangements, extinguishment of a security interest, consignment and retention of title arrangements, leasing equipment and the consequence of a failure to perfect a security interest/finance agreement.

Course code: 120202

8:00am–9:30am
What the Personal Property Securities Act 2009 means to you (Papers)

This short newsflash provides a summary and guidance for solicitors advising commercial clients in relation to the Personal Property Securities Act 2009. This reform will affect how securities are regulated and how business is conducted. Highlighting the fundamental changes introduced, this seminar explores:

  • how to identify transactions that will fall within the new regime, including traditional securities over personal property (bills of sale, charges, liens, pledges) and also retention of title provisions in sale contracts, finance leases, hire purchase agreements, assignments of debt, certain leases, consignments, flawed asset arrangements
  • new concepts and means of protecting interests including a broad overview of new legislationunderstand the timeline of reform
  • determine what you need to do to assist clients in navigating the reform.
  • Speaker: Denise McGill – Senior Lecturer, Queensland University of Technology and member, Queensland Law Society’s Banking and Finance Section