Today the Personal Property Securities Register [PPSR] goes live. The PPSR combines over 70 state laws and around 40 registers [such as REVS for motor vehicles] into one national database and scheme. This will has some fairly wide ranging changes to the way a person takes security over an asset and over the coming weeks and months we will be realising information regarding this. Furthermore Allawdocs can provide assistance to make sure your business handles the change.
For further information please check the government website here, or ring us on 1300 729 914