{"id":5433,"date":"2018-06-28T01:59:12","date_gmt":"2018-06-28T01:59:12","guid":{"rendered":"https:\/\/paceadelaidelegal.com.au\/why-should-my-business-use-the-personal-property-securities-register-ppsr\/"},"modified":"2018-06-28T01:59:12","modified_gmt":"2018-06-28T01:59:12","slug":"why-should-my-business-use-the-personal-property-securities-register-ppsr","status":"publish","type":"post","link":"https:\/\/paceadelaidelegal.com.au\/why-should-my-business-use-the-personal-property-securities-register-ppsr\/","title":{"rendered":"Why Should My Business Use the Personal Property Securities Register (PPSR)?"},"content":{"rendered":"
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The Personal Property Securities Register is effectively a national online \u2018noticeboard\u2019 that allows you to see registered security interests over personal property, such as cars, boats, or artworks (but not including land or buildings). It can provide information to protect both consumers and businesses.<\/p>\n

The PPSR can protect your business in three ways:<\/p>\n

1. When buying goods, you can search the PPSR to find out whether the goods are being used as security for a debt. If someone has registered a security over the goods, they can claim them even after you take possession, without compensation.<\/p>\n

2. If your business leases goods for longer than a year, the PPSR will protect your interest in those goods. If a customer becomes bankrupt while in possession of your goods, then they may be sold to pay creditors if you\u00a0have not\u00a0registered a PPSR interest.<\/p>\n

3. The PPSR will protect your retention of title arrangement. A retention of title clause in your contract is not necessarily sufficient protection on its own. Registration gives you first priority to the goods if you do not receive payment, or to the proceeds of sale if the goods have been used and on-sold.<\/p>\n

If you need any further information on the PPSR or on any other aspect of business or consumer protection law, contact Shavin of our office via email<\/a>\u00a0or call him on 08 8410 9294.<\/p>\n

Pace Lawyers. Law, done better.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Personal Property Securities Register is effectively a national online \u2018noticeboard\u2019 that allows you to see registered security interests over personal property, such as cars, boats, or artworks (but not including land or buildings). It can provide information to protect both consumers and businesses. The PPSR can protect your business in three ways: 1. When […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[60],"tags":[],"yoast_head":"\nWhy Should My Business Use the PPSR - Pace Adelaide Legal<\/title>\n<meta name=\"description\" content=\"The PPSR allows you to see registered security interests over personal property, here's how you can use it to protect your business.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/paceadelaidelegal.com.au\/why-should-my-business-use-the-personal-property-securities-register-ppsr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Should My Business Use the PPSR - Pace Adelaide Legal\" \/>\n<meta property=\"og:description\" content=\"The PPSR allows you to see registered security interests over personal property, here's how you can use it to protect your business.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/paceadelaidelegal.com.au\/why-should-my-business-use-the-personal-property-securities-register-ppsr\/\" \/>\n<meta property=\"og:site_name\" content=\"Pace Adelaide Legal\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-28T01:59:12+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/paceadelaidelegal.com.au\/why-should-my-business-use-the-personal-property-securities-register-ppsr\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/paceadelaidelegal.com.au\/why-should-my-business-use-the-personal-property-securities-register-ppsr\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/paceadelaidelegal.com.au\/#\/schema\/person\/de3b6a7bd877191a5672d0f55e6baaee\"},\"headline\":\"Why Should My Business Use the Personal Property Securities Register (PPSR)?\",\"datePublished\":\"2018-06-28T01:59:12+00:00\",\"dateModified\":\"2018-06-28T01:59:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/paceadelaidelegal.com.au\/why-should-my-business-use-the-personal-property-securities-register-ppsr\/\"},\"wordCount\":241,\"publisher\":{\"@id\":\"https:\/\/paceadelaidelegal.com.au\/#organization\"},\"articleSection\":[\"Business Law\"],\"inLanguage\":\"en-AU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/paceadelaidelegal.com.au\/why-should-my-business-use-the-personal-property-securities-register-ppsr\/\",\"url\":\"https:\/\/paceadelaidelegal.com.au\/why-should-my-business-use-the-personal-property-securities-register-ppsr\/\",\"name\":\"Why Should My Business Use the PPSR - 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