Glossary

List of glossary items

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  • Personal property offered up as security for a debt or other obligation owed to sellers, financiers or other secured parties; collateral is personal property that has a security interest attached to it and must be described when registering on the PPSR.

  • The following classes of collateral are prescribed in the PPS Regulations: agriculture, aircraft, all present and after acquired property, all present and after-acquired property, except, financial property, intangible property, motor vehicles, other goods and watercraft.

  • Personal property other than consumer property.

  • When AFSA, acting as the Official Trustee, administers an estate, all amounts held in respect of the estate are deposited into the Common Investment Fund.

  • An independent prosecution service established to prosecute alleged offences against Commonwealth law and deprive offenders of the proceeds of criminal activity under the control of the Director, a statutory officer appointed by the Attorney-General.

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