News / Review of the PPSA released /
Review of the PPSA released
19 March 2015
The final report of the review of the Personal Property Securities Act 2009 (Cth) (PPSA) was tabled before Federal Parliament on March 18, concluding a statutory review process dating back to April 2014. The 394 separate recommendations in the report authored by Mr Bruce Whittaker were drawn from submissions made by industry and legal professionals.
The terms of reference of the review focussed on a number of areas of interest including, but not limited to the effects of the reforms introduced by the PPSA; minimisation of administrative and regulatory encumbrances on consumers and the business community; definitions of personal property within the PPSA and its interaction with the Corporations Act 2001 (Cth).
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Mark Madsen | Partner
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