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Personal properties securities reform has significantly changed the way personal property is protected in Australia. This page contains information to assist practitioners in understanding the changes and avoiding the traps in the new requirements.

LPLC has a PPS hotline service and FAQs to help answer our practitioners’ client related PPS questions.

Practice Risk Guides

Small business big risk

Tax, GST, Personal Properties Securities, Sale and Purchase of Business 17 Sep 18
The claims scenarios LPLC sees in relation to small business often arise from exuberant purchasers who have just signed up to buy their own business, full of hope and enthusiasm. They cannot wait to get into the business, want settlement in just a few days, and only need the practitioner to check the contract and make sure there are no major problems. The information in this LPLC Practice Risk Guide guide is designed to help practitioners recognise the trouble areas and manage your clients in a way that best protects the client’s interests and their own position.
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LPLC Articles

Ensure business purpose declaration precedents are up to date

Personal Properties Securities 18 Nov 16
This article from 2016 discusses a claim in which a practitioner prepared a business purpose declaration that was based on an outdated precedent.
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Checklists

Personal Property Securities – practice management

Personal Properties Securities, Personal Properties Securities 11 Jun 14
LPLC has created this Key Risk Checklist for practitioners dealing with Personal Property Securities matters. It covers practice management basics that will help you develop your approach.
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Video

Secure your securities - Miranda Milne, Nick Anson - 2016 RMI

Personal Properties Securities, Personal Properties Securities 26 Oct 16
This video-recorded session from the LPLC Risk Management Intensive seminar series in 2016 looked at what happens to security interests when the property market falls. We reviewed the personal property securities regime claims and highlighted how to protect against these claims.
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Video

PPS Predicaments

Personal Properties Securities, Personal Properties Securities 18 Nov 15
What’s hot on the PPS hotline – the common issues and questions facing practitioners. Presented by Phil Nolan.
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FAQ

Personal Properties Securities FAQ

Personal Properties Securities, Personal Properties Securities 06 Sep 16
Search for frequently asked questions relating to the Personal Property Securities Act 2009.
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FAQ

PPS hotline service

Personal Properties Securities, Personal Properties Securities 11 Nov 13
LPLC has a PPS hotline service to answer our practitioners’ client related PPS questions. Practitioners should email Phil Nolan or call him on 9672 3800.
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Get risk advice on Commercial work

+61 3 9672 3800 [email protected]