Consultation period: 3 October to 14 November 2014
This information was authored by the Attorney-General's Department. The policy functions transferred to the Treasury in May 2025.
The second of a series of consultation papers for the Statutory review of the Personal Property Securities Act 2009.
This consultation paper considers issues regarding
- the creation and perfection of security interests
- the taking free rules
- the priority rules
- other dealings in collateral.
This paper does not address questions that relate to the Register, even though the Register plays a key role in the perfection of security interests. The Register will be the subject of a later paper.
Documents
- Paper 2 – Creation and perfection of security interests; taking free rules; priority rules; and other dealings in collateral [PDF 712 kB Paper 2 – Creation and perfection of security interests; taking free rules; priority rules; and other dealings in collateral | DOC 754 kB Paper 2 – Creation and perfection of security interests; taking free rules; priority rules; and other dealings in collateral]