The Personal Property Securities Act has changed the landscape of Australian business
Baker Love Lawyers’ Personal Property Securities Register (PPSR) team works with business owners to explain how the Personal Property Securities Act will affect their business.
Our PPSR team is led by Dean Frith, who has been advising clients in regard to the new Personal Property Securities (PPS) legislation for over a year. He has an excellent understanding of the legislation and its practical implications.
How will the PPS Act affect your business? Our PPSR team can examine the way your business currently operates and warn you about any gaps between your existing practices and the way your business needs to run for its security interests to be protected under the PPS. We use our knowledge and experience to devise a custom-made program comprised of advices, policies, procedures, documents and training that will bring your business to where it needs to be.
Advice: Through our comprehensive understanding of the PPS legislation and experience working with clients on how the PSS affects their business, we are able to provide practical advice on PPS issues clearly and succinctly.
Policies and procedures: We can offer guidance in drafting and implementing your policies and procedures under the new PPS legislation, including in areas such as document retention, register maintenance and staff awareness.
Documents: We can review and amend your current documents (for example, your Terms and Conditions of Sale, Credit Application and Quotation Terms) and make sure they’re PPS-ready.
Training: Our PPS team provides training aimed at all levels of an organisation and tailored to your industry. We provide training on:
- Changes to retention of title
- Enforcement of claims
- Leasing and bailment arrangements
- Implications for intellectual property