Personal Property Securities Register commencement times announced
25 November 2011
The Federal Attorney-General has issued a formal Determination and Explanatory Statement setting out the following times for the commencement of the Personal Property Securities Register (PPSR):
- The start of the migration time on 21 November 2011; and
- The registration commencementtime on 30 January 2012.
Migration timeis when the migration of certain interests in personal property from transitional registers to the PPSR commences. Registration commencement time effectively marks the actual commencement of the PPSR.
For more information, please see our PPSR information page which contains the legislation, the PPS Survival Pack and PPSR articles.