Personal Property Securities Act

This is an essential reference on one of the most significant law reforms in Australian business and commercial law since Federation. This book will help you to understand and adopt this critical new law in your workplace.

This book examines the legal framework for secured credit set out in the Personal Property Security Act. This second edition updates the area of personal property security law in Canada with new caselaw, including some important SCC cases clarifying the law or providing the conceptual basis for its further amplification.

The Personal Property Securities Act 1999 overhauled personal property securities law and disposed of or significantly altered traditional common law legal concepts and practices. This revised edition continues to assist practitioners and others with the transition from the old to the new law and updates the legislation enacted since the last edition. The revised edition includes: priority of future advances; registration of financing/financing change statements, perfection of security interests, collateral and proceeds, additional Canadian case law helpful in interpreting the PPSA. In 33 chapters, with tables of cases and statutes, glossary and index.

A work of astonishing erudition oÂe¦ combining rigorous legal analysis with a deep understanding of secured transactions and of the economic rationale of personal property securityoÂe¦ an indispensable vade mecum for those involved or interested in the subject. -Sir Roy Goode Emeritus Professor of Law, Oxford University Australian Personal Property Securities Law offers clear, concise commentary on the legislation and its implementation, implications and impact. This second edition has been updated to take into account the legislative and case law developments since the PPSA commenced operation on 30 January 2012, the most significant development being the recently completed Statutory Review Report. The Report made 349 recommendations for improving the statute and the register, and this new edition incorporates comprehensive references to the recommendations, along with critical analysis where appropriate. Written by distinguished academics and international experts in the area, Australian Personal Property Securities Law provides analytical depth and expert policy interpretation, making this an invaluable resource for commercial practitioners and students, the courts, governments and the banking and finance industry. Features oÂeo Clear, concise commentary oÂeo Useful practical guide to registering on the PPSR. oÂeo Accessible annotated statute reflecting latest case law developments in Australia, New Zealand and Canada Related Titles Mirzai, Quick Reference Card Personal Properties Securities Act, 2012 Wappett, LNAA: Essential Personal Property Securities Law in Australia, 3rd ed, 2015

The second edition of the Annotated Personal Property Securities Act 2009 (Cth) with Regulations 2010 (Cth) continues the in-depth analysis of the PPSA contained in the popular first edition. Since the commencement of the PPSA on 30 January 2012, Australian courts have been called upon to determine a number of issues. Every Australian case decided to date is discussed in detail, including In the matter of Maiden Civil, In the matter of Apex Gold, NCO Finance Australia Pty Ltd and Central Cleaning Supplies. The authors have also added recent New Zealand and Canadian decisions which have been shown to be relevant to the Australian courts.We have retained the structure of the first edition which includes extensive navigational features to help guide the reader through the complexities of the PPSA including a statutory concordance, explanation of key concepts, extensive cross referencing to the interrelated provisions of the Act and detailed commentary which has been extensively reviewed and updated since the first edition. This edition, like the first edition, is comprehensive in its consideration of both primary and secondary sources. With a foreword by the Honorable Justice Gageler of the High Court of Australia,- the Annotated Personal Property Securities Act 2009 (Cth) 2nd edition is designed to be the firstpoint of call for all PPSA issues in Australia.Oxford University Press Australia & New Zealand is the non-exclusive distributor of this title.