Thursday, 29 September 2011

When will the Personal Properties Securities Act 2009 commence?

In my post dated 4 September 2011, I noted that the latest possible date for implementation of the scheme in the legislation is 1 February 2012. 

The Federal government has stated in its latest PPS newsletter that "the PPS Register ... will be publicly available before this time. We recognise the importance of knowing the precise registration commencement time (RCT) and will provide further updates as they are available." (See http://bit.ly/nQom40 ). 

The current newsletter also informs us that the new National PPS enquiries line is now open for business. The National Service Centre is now taking telephone enquiries on 1300 007 777 or 1300 00PPSR.

Stand by for updates, as they become available.

W G Stark 
Hayden Starke Chambers

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