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Australian Senate Standing Committee for the Scrutiny of Bills - Scrutiny Digests
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Personal Property Securities Amendment (PPS Leases) Bill 2017 [2017] AUSStaCSBSD 72 (22 March 2017)

Personal Property Securities Amendment (PPS Leases) Bill 2017

Purpose
This bill seeks to amend the Personal Property Securities Act 2009 to:
• extend the minimum duration of Personal Property Securities (PPS) leases from more than one year, to more than two years; and
• require registration of leases with an indefinite term once they have exceeded a period of more than two years
Portfolio
Attorney-General
Introduced
House of Representatives on 1 March 2017

The committee has no comment on this bill.

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