Check on the expiry date of your PPSR registrations

The Personal Property Securities Register commenced on 30 January 2012. The default PPSR registration period and the period for many migrated registrations of securities over personal property is 7 years. Migrated registrations or those made on commencement in early 2012 will begin to expire soon.

If you have current registrations that need to be extended, such as securities over goods with serial numbers, they must be extended before they expire to make sure your protection is continuous. A break in protection means you will lose your priority or become an unsecured creditor and lose your interest if the grantor becomes insolvent.

If you are a secured party you can review your PPSR registrations by running the PPSR registrations due to expire report.

Reviewing registrations is free, but a fee is payable to extend a registration.

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