Essential Skills Insolvency: PPSA - part 1

In part one of our PPSA training you’ll receive a clear and concise overview of the Act, covering the key principles, priority of registrations, timeframes for registration, and vesting rules and how they’re impacted by the various external administrations.


The course also includes a practical guide to the Personal Property Security Register (PPSR), including reviewing registrations, searching the register and insolvency practitioners’ obligations on appointment.

Learning objectives

At the end of this course you will be able to:

  • Explain the key concepts of the PPSA and how it impacts a security interest over personal property.
  • Describe the key principles of attachment, enforcement and perfection.
  • Recognise the priority and ranking of security interests on the PPSR including treatment of purchase money security interests (PMSI).
  • Describe the effect of an external administration on personal property in the possession of an insolvent entity including circumstances when a security interest will vest.
  • Search the PPSR, differentiate the different types of registrations, recognise the implications on the appointment and identify defective registrations.

Course delivery

On-demand

Cost

$199.10 (GST incl.) for ARITA members and subscribers / Government
$289 (GST incl.) for non-members

CPE

Up to 1.5 CPE hours

Prerequisites

We recommend you complete the Introduction to Insolvency Program or have one year of on-the-job experience prior to attending this course.

Please note our enrolment and cancellation policy.

See our full range of on-demand courses or find out more about our Essential Skills courses.

Any questions? Contact our education team.
Where
AUSTRALIA
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