Personal Property Securities Register (PPSR)

The Personal Property Securities Register (PPSR) is the national register where details of security interests in personal property can be registered and searched.

About the PPSR

The PPSR has replaced a number of Commonwealth, state and territory government registers for security interests in personal property, including those for bills of sales, liens, chattel mortgages and security interests in motor vehicles such as REVs and VSR.

The PPSR has also replaced some Australian Government registers such as the Australian Securities and Investments Commission’s Register of Company Charges.

The PPSR includes records from these registers that were current immediately before the PPSR became operational on January 30, 2012.

What is personal property?

Any form of property, other than:

  • land; or
  • a right or entitlement under a Commonwealth, state or territory law that declares that the right or entitlement is not personal property for the purposes of the PPS Act.

Common examples of personal property

  • motor vehicles
  • boats
  • caravans and trailers
  • artwork
  • crops
  • inventory
  • livestock
  • plant and machinery
  • shares

Personal property also includes non-material items such as:

  • intellectual property
  • investment instruments

How the PPSR is used

The PPSR is used in many situations including:

  • finance companies that provide loans on the basis that they receive a security interest in an item of personal property to register their interest in the property on the PPSR
  • business operators who sell personal property on credit, consignment, or on a retention of title arrangement to register their interest in the property on the PPSR, and
  • consumers who are about to purchase personal property, such as valuable second-hand goods (i.e. a used car), to search the register before buying to make sure that the property is free of a security interest.

The PPSR can be accessed electronically seven days a week, 24 hours a day.

Use of the PPSR is voluntary.

For more information on PPSR or to search or register a security interest visit www.ppsr.gov.au

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