|24 February 2012|
|The Personal Property Securities Act 2009 (Cth) (PPS Law) came into operation on 30 January 2012. As reported in our August 2011 edition of NeedtoKnow: Trade Marks, the PPS Law implements a national regime governing security interests over personal property, including trade marks. |
What you need to know
- Holders of a security interest in a registered trade mark are urged to register their interests on the Personal Property Securities Register (Register).
- In order to take priority over later interests, a security interest over a trade mark must, as well as satisfying the other applicable requirements of the PPS Law, be registered on the Register.
- The Register will also serve as a searchable record of security interests in trade marks and other personal property.
|To register a security interest, or for further information, please contact:|