Statutory review of the PPS Act - Consultation paper 2
Released 3 October 2014, submissions closed 14 November 2014.
Statutory review of the Personal Property Securities Act 2009
The second of a series of consultation papers for the Statutory review of the Personal Property Securities Act 2009.
This consultation paper considers issues regarding
- the creation and perfection of security interests
- the taking free rules
- the priority rules
- other dealings in collateral.
This paper does not address questions that relate to the Register, even though the Register plays a key role in the perfection of security interests. The Register will be the subject of a later paper.