Clifford Gouldson Lawyers

PPSA 'Motor Vehicle' Definition Changed

Print Version


The definition of ‘motor vehicle’ for the purposes of the Personal Property Securities Act 2009 (the PPSA) is now narrower, following an amendment passed on 1 July 2014. The change will mainly affect organisations who hire equipment to customers, as some equipment will no longer be a ‘motor vehicle’ under the PPSA. Such items will no longer be ‘serial-numbered’ and consequently, different registration timeframes apply.
The change applies to leases entered into from 1 July 2014 and the change will not affect most common types of ‘motor vehicles’ such as cars, vans, utes, trucks and motor bikes.
The highly anticipated amendment to the definition of a ‘PPS Lease’ (which changes the requirement to register leases of serial-numbered goods from 90 days to 12 months) has not yet been passed by Parliament. For more information regarding these amendments, please read our email alert published earlier this year here or contact our Business Services Team to obtain further advice.

Phone 07 4688 2188


High Court agrees to hear personal/carer's leave case - 13/12/2019

The High Court has today granted Mondalez International the right to appeal the meaning of “10 days of paid personal/carers leave” as quantified under section 96 of the Fair Work Act. The appeal comes after a ruling in August that confirmed Mondalez employees were entitled to 120 hours of paid leave rather than the 76 hours calculated by Mondelez.... read on

Liability for an Independent Contractor’s Superannuation - 19/11/2019

... read on

Version Control Protocol: Safeguard your business from a costly mistake - 19/11/2019

... read on

Read all news/events

Site Developed by FAQ Interactive