Pivotal Principles of the Personal Property Securities Act
CPD Points 1
This course provides an analysis of the pivotal principles of the PPSA for practitioners, including discussing the key provisions and recent case law decided on the application of the PPSA.
The Personal Property Securities Act 2009 (Cth) (PPSA) has arguably been the largest commercial law reform since the inception of the Trade Practices Act. Unsurprisingly, these wide reaching reforms have resulted in some uncertainty amongst legal practitioners, in large part due to lack of familiarity with the PPSA and lack of guiding authority.
The objective of this course is to assist practitioners to understand the fundamental requirements of the PPSA including:
- identifying the existence of a security interest;
- perfecting such an interest in accordance with the PPSA; and
- understanding the consequences of failing to perfect a security interest.
The course explores the pivotal principles and key provisions of the PPSA, as well as examining recent case law decided on the application of the PPSA.
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