PPS Essentials for Practitioners: Registrations and Searches
CPD Points 1
This course provides practical guidance for practitioners on effective PPS registrations and searches, common pitfalls to avoid, and tips to correct errors when these occur.
The Personal Property Securities Act 2009 (Cth) has introduced a fundamental shift in how security interests in personal property are governed in Australia, and impacts a significant proportion of Australian businesses. This means it is essential for practitioners to have a thorough understanding of the operation of the PPS Act, including registrations and searches on the PPS Register.
This course provides practical guidance for practitioners on how to effectively utilise the PPS register, with a focus on common pitfalls to avoid and tips to correct errors when these occur. The course also covers:
- the importance of making effective and timely registrations to protect your clients’ interests;
- how to avoid defective registrations, and tips for rectifying these if they occur;
- amending existing registrations, and steps to take when amendment is not an option;
- best practices for conducting effective searches and interpreting search results.
The course also discusses recent and significant cases which illustrate the problems associated with failing to make timely registrations and making defective registrations, and lessons learned for practitioners.
Last Reviewed: February 2022
Karen is the principal of Legal Know-How, a legal consulting practice which provides expert legal advice and user-friendly knowledge management solutions to financial institutions, large corporates, SMEs and law firms.
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