Personal Property Securities Register

A new national register of Personal Property Securities (PPS) is scheduled to commence in early 2012. The PPS Register will replace more than 20 existing asset registers including the Register of Encumbered Vehicles (REVS ACT) and the Australian Government Registers such as the Australian Securities and Investments Commission Register of Company Charges, the Australian Register of Ships and the Fisheries Register. 

Personal property listed on the PPS Register includes assets that may be used to secure a loan, such as cars, boats, crops, and intellectual property. The PPS Register does not include real estate property, such as houses or land. The PPS Register will be web-based and accessible to search and register security interests 24 hours a day, seven days a week.

To find more information on the PPS reform visit www.ppsr.gov.au.