Login
Login

Your trusted CPD partner

PPSA06

PPSA - a review four years on

NZ $55.00
incl GST
Peter Eady Adam Jackson
Peter Eady
Simpson Grierson
Wellington
Adam Jackson
Simpson Grierson
Wellington

Published: 10 October, 2006
Pages: 122

Introduction

The Personal Property Securities Act 1999 (referred to in this paper as the PPSA or the Act) is the principal statute governing security over personal property. It came into force on 1 May 2002 and made such substantial changes to the law which preceded it that many people remain unaware or unsure about its effect.

In particular, the Act included in its scope a number of arrangements which were not traditionally treated as security arrangements by the law. Lessors of personal property, sellers retaining title in goods, and other such parties that did not traditionally need to worry about competing securities because they retained an ownership right in the relevant goods have had to become familiar with the PPSA.

The purpose of this paper is to describe how the PPSA works by working through the following topics:

  • scope of the Act;
  • attachment of security interests;
  • perfection of security interests;
  • disposals of collateral;
  • priority between security interests;
  • enforcement of security interests; and
  • conflict of laws.

The paper is principally aimed at those who have limited experience of the PPSA, but are generally familiar with the concepts of security. With respect to each of the topics, we have included discussion of some of the issues raised, a number of which were anticipated prior to the Act coming into force, and some of which have emerged over time.

We have also included case summaries of each of the key New Zealand cases to date.

You might also be interested in ...

Registrant Details

Use this window to add all the registrants you wish to register on behalf of. If you want to attend the course also, ensure you add yourself as one of the registrants. Make sure you press ‘save’ after adding each new registrant.

Proceed to Checkout

Commercial Law Intensive 2010

Publication Date: 27-May-2010

Author(s): Barney Cumberland, Toby Fiennes, David Goddard QC, David Ireland, Pheroze Jagose, Aaron Lloyd, Annelies McClure, Frank McLaughlin, Matthew Mallett, Liam Mason, Andy Nicholls, Simon Vannini

NZ $75.00
incl GST

Multiple Registration
 
CONTACT
INQUIRIES
freephone (within NZ)
0800 333 111

EMAIL 
cle@lawyerseducation.co.nz

PHONE
04 472 7837

FAX
04 463 2986
 
ADDRESS
NZLS CLE Ltd
Law Society Building
26 Waring Taylor Street
Wellington 6011

DX SP 20202
PO Box 5041
Wellington 6140
New Zealand