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The PPSA Cometh to Australia? An Introduction to the Current State of Play

Author: Ralph Simmonds LL.B. Hons (UWA), LL.M. (U Toronto)
Professor of Law, School of Law, Murdoch University
Subjects: Commercial Law - Australia (Other articles)
Personal Property Law and Legislation Australia
Property - Law and Legislation (Other articles)
Issue: Volume 9, Number 3 (September 2002)
Category: Refereed Articles

Abstract

Australia has a lengthy history of considering reform of the law governing security over personal property, including reform along the lines of Article 9 of the United States UCC and the Canadian PPSAs. Most recently, we have seen the widespread distribution, since late 2001, of a draft Personal Property Security Bill for Australia. This paper describes the orgins of this draft, its content, the support it has attracted and its possible future.

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