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Personal Property Securities Act 2009

No. 130, 2009

Compilation No. 22

Compilation date: 14 October 2024

                Includes amendments: Act No. 39, 2024

About this compilation

This compilation

This is a compilation of the Personal Property Securities Act 2009 that shows the text of the law as amended and in force on 14 October 2024 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.

Self‑repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Contents
Chapter 1—Introduction
Part 1.1—Preliminary
1 Short title
2 Commencement
2A Schedule 1
3 Guide to this Act
Part 1.2—General application of this Act
4 Guide to this Part
5 Crown to be bound
6 Connection with Australia
7 Application in the external Territories
8 Interests to which this Act does not apply
Part 1.3—Definitions
Division 1—Introduction
9 Guide to this Part
Division 2—The Dictionary
10 The Dictionary
11 Application of the Acts Interpretation Act 1901
Division 3—Concepts relating to security interests and personal property
12 Meaning of security interest
13 Meaning of PPS lease
14 Meaning of purchase money security interest
15 Meaning of intermediated security and related terms
Chapter 2—General rules relating to security interests
Part 2.1—Guide to this Chapter
16 Guide to this Chapter
Part 2.2—Security interests: general principles
17 Guide to this Part
18 General rules about security agreements and security interests
19 Enforceability of security interests against grantors—attachment
20 Enforceability of security interests against third parties
21 Perfection—main rule
22 Perfection—goods possessed