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Monthly Archive for: ‘January, 2014’

Businesses warned to register interests by January 31 or risk losing them in case of business liquidation

In less than two weeks, the transition period of the Personal Property Securities Register (“PPSR”) will end, meaning businesses with pre-existing relationships with customers from before the introduction of the register in January 2012 are now required to register all security interests. Failure to do so can result in such interests becoming available to all unsecured creditors in the event …

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