Personal Property Securities
Following commencement of the Personal Property Securities Register in January 2012, the opportunity has been taken by two industry associations, the Australian Bankers’ Association (ABA) and the Australian Finance Conference (AFC), to make available to the banking and finance industry and its advisors a set of industry model priority and release documents as a way of improving efficiency of operations and reducing costs. The documents are models only. They are neither endorsed nor approved by the ABA or the AFC or the members of either association. The appropriateness and use of the model documents are entirely a matter for individual businesses, based on legal advice provided to them specifically, the transaction in contemplation and the nature of their business operations.
Industry Model Documents