• Personal Property Securities Register
• Instruments

Personal Property Securities Register

The Personal Property Securities Register replaced the Instruments register on 30 January 2012.

The reforms to personal property securities will affect most businesses across Australia.  Business owners and their advisers need to be aware of how these reforms will affect them.

The PPS Register replaces various Commonwealth, State and Territory registers with a single online service that covers security interest in assets including stock, vehicles, machinery, office equipment, crops and livestock.

The PPS Register will be used in many situations including:

• finance companies that provide loans on the basis that they receive a security interest in an item of personal property;
• business operators who sell personal property on credit, consignment, or on a retention of title arrangement; and,
• consumers who are about to purchase personal property to make sure that the property is free of a security interest.

For more information visit the Personal Property Securities Register website.

Instruments

Instruments were previously registered under the Instruments Act 1933.  From 27 January 2012 the Land Titles Office ceased registering Instruments and as of 1 February 2012 all new lodgements were referred to the Commonwealth PPS Register.

Copies of original Instruments that were registered with the Registrar-General prior to the commencement of the Commonwealth PPS Register can still be accessed under forms and fees.

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