Personal Property Securities Registration - BICB

Benefits of Personal Property Securities Registration (PPSR)

At a recent seminar, Mark Goldsworthy of Results Legal spoke on Overcoming the Abuse of Insolvency Laws. One point from Results Legal Fact Sheet was ‘Security over Personal Property’.

Utilising the Personal Property Securities Registration (PPSR) can be an effective recovery tool, particularly for businesses who lease, rent or hire goods. Registering your interest in goods for which payment has yet to be received, can mitigate the risk of loss in the event of customer defaults or becomes insolvent.

It is important that your registrations are free from defect and correct to avoid any potential risk.
You are welcome to watch the video of Mark’s talk or download the Fact Sheet.

Wayne Clark - BICB

I grew up in a family that was involved in the Building Industry, my father owned a Structural Engineering business called Australian Fabricated Industries (AFI). For the past four decades I have worked in various management rolls including a large private school and national building industry supply businesses.

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