PPSA Change Effective From 1 October
| Further to our alert in July (available here) regarding the change so that short leases of motor vehicles/’serial-numbered goods’ are not required to be registered, the Government has announced that the changes will take effect on 1 October 2015.
The change means registration of leases of serial-numbered equipment is not required to protect the equipment, unless the lease is:
If you require further information regarding how the PPSA and this change might effect your business, please contact our Commercial + Property Team to obtain further advice.
Phone 07 4688 2188 www.cglaw.com.au