Fees

Cost recovery

The PPS Register operates on a cost recovery basis in accordance with Australian Government policy and incorporates the provision of services online, by phone and by hardcopy (mail and fax).

Fees for the services provided are determined by the Attorney-General, and are based on a Cost Recovery Impact Statement (CRIS), which is prepared in consultation with stakeholders.  The CRIS is scheduled for review every two years.  The current CRIS resulted in a review conducted in May 2013 and covers financial years 2013-14 and 2014-15.

For further information about the CRIS process, see See Cost recovery impact statement.

1 July 2013 - PPS Register fees

The Personal Property Securities (Fees) Determination 2013 was made under subsection 190 (1) of the Personal Property Securities Act 2009 by the Attorney-General and registered on the Federal Register of Legislative Instruments on 20 June 2013. You may view the determination and explanatory statement at: http://www.comlaw.gov.au/Details/F2013L01071

The fees table below is based on the fees set in the determination.

Fees for PPSR users from 1 July 2013

The fees table below is extracted from the PPSR CRIS 2013-14 and took effect from 1 July 2013.

ACTIVITIES AVAILABLE BOTH ONLINE AND FROM THE PPSR CONTACT CENTRE

The following activities are available both online and from the PPSR contact centre.

Fees for PPSR users from 1 July 2013
Activity Online Fees Contact Centre Fees

SEARCHES (Note 1) 

Search of the register by grantor

$4.00

$4.00

Search of the register by serial number

$4.00

$4.00

Search of the register by PPSR registration number

$4.00

$4.00

Undertake an ordinal search of the register

$4.00

$12.50

CERTIFICATES AND RESULTS

   

Issue of a search certificate (Note 1)

No fee

No fee

Reissue search certificate

$4.00

$12.50

OTHER    
Issue a copy of verification statement

 $4.00

 $12.50

The above fees are not subject to GST.

Note 1: The fee for a search allows drill down on each returned registration.  The fee also includes the issue of search certificates.

ONLINE ACTIVITIES

The following activities are only available online and cannot be obtained from the PPSR contact centre.

Activity

Online Fees

REGISTER A FINANCING STATEMENT 

Register a Financing Statement that has no stated end time

$140.00

Register a Financing Statement where the duration is 7 years or less

$8.00

Register a Financing Statement where the duration is more than 7 years but less than or equal to 25 years

$40.00

Transitional Security Interest

No fee

ATTACHMENTS

 

Attach a document to a Financing Statement

$4.00

AMEND FINANCING STATEMENT

 

Amend a Financing Statement that has no stated end time (e.g. additional grantor)

$140.00

Amend a Financing Statement where the duration is 7 years or less (e.g. extension of end date, addition of a grantor)

$8.00

Amend a Financing Statement where the duration is more than 7 years but less than or equal to 25 years (e.g. extension of end date, addition of a grantor)

$40.00

Minor amendment to a Financing Statement or a change of free text description of collateral (where change of details does not impact on end date, result in additional grantor)

$4.00

Change the end time of a registered Financing Statement to an earlier time

No fee

Remove grantor (where the registration has more than one grantor) from Financing Statement

No fee

DISCHARGE FINANCING STATEMENT

 

Discharge Financing Statement

No fee

MANAGE SECURED PARTY GROUPS

 

Establish a Secured Party Group or amend details

No fee

Transfer single or all registrations to another Secured Party Group

No fee

Change address for service for a Secured Party Group

No fee

The above fees are not subject to GST.

PPSR CONTACT CENTRE ACTIVITIES

The following activities are only available from the PPSR contact centre

Activity

Contact Centre Fees

SEARCHES (Note 1)

Undertake a point in time search of the register

$12.50

CERTIFICATES AND RESULTS

 

Develop a special purpose report for Account Holders ($ per hour)

$300.00

The above fees are not subject to GST.

Note 1: The fee for a search allows drill down on each returned registration. The fee also includes the issue of search certificates.


Previous fees for PPSR users

The fees table below is extracted from the determination.

Previous fees for PPSR users

Activity

Online Fees

Contact Centre Fees

REGISTER A FINANCING STATEMENT

 

 

Register a Financing Statement for a not stated end time

$130.00

$144.80

Register a Financing Statement where the duration is 7 years or less

$7.40

$22.20

Register a Financing Statement where the duration is more than 7 years but less than or equal to 25 years

$37.00

$51.80

Transitional Security Interest (Note 1)

Nil

Nil

ATTACHMENTS

 

 

Attach a document to a Financing Statement

$3.70

$11.60

AMEND FINANCING STATEMENT

 

 

Amend a Financing Statement for a not stated end time (eg. additional grantor)

$130.00

$144.80

Amend a Financing Statement where the duration is 7 years or less (eg. extension of end date, addition of a grantor)

$7.40

$22.20

Amend Financing Statement where the duration is more than 7 years but less than or equal to 25 years (eg. extension of end date, addition of a grantor)

$37.00

$51.80

Minor amendment to Financing Statement or a change of free text description of collateral (where change of details does not impact on end date, result in additional grantor)

$3.70

$11.60

Change the end time of a registered Financing Statement to an earlier time

Nil

Nil

Remove grantor (where the registration has more than one grantor) from Financing Statement

Nil

Nil

DISCHARGE FINANCING STATEMENT

 

 

Discharge Financing Statement

Nil

Nil

MANAGE SECURED PARTY GROUPS

 

 

Establish a Secured Party Group or amend details

Nil

Nil

Transfer single or all registrations to another Secured Party Group

Nil

Nil

Change address for service for a Secured Party Group

Nil

Nil

SEARCHES (note 2)

Search of the register by grantor (note 3)

$3.70

$3.70

Search of the register by serial number (note 3)

$3.70

$3.70

Search of the register by registration number (note 3)

$3.70

$3.70

Undertake an ordinal search of the register

$3.70

$11.60

Undertake a point in time search of the register

N/A

$11.60

CERTIFICATES AND RESULTS

 

 

Issue of a search certificate (note 2)

Nil

Nil

Reissue search certificate (note 4)

$3.70

$11.60

Issue search results in hard copy form or electronic media (DVD)

$29.50

$29.50

OTHER

 

 

Issue a copy of a verification statement

$3.70

$11.60

Weekly Extract Report (Authorised Account Holders only)

$30.00

$30.00

Develop a special purpose report for Account Holders ($ per hour)

N/A

$200.00

Note 1: The PPS Act provides a 24 month transitional period to register existing security interests. Registration of transitional security interests during this period is free.

Note 2: The fee for a search allows drill down on each returned registration. The fee also includes the issue of a search certificate. A search may be re-accessed during the 24 hour period immediately following the provision of the search results.

Note 3: Basic searches through the contact centre will attract the same fee as an online basic search.

Note 4: A search certificate may be reissued, outside of the 24 hour free re-access period, by accessing the search results.

Note 5: The above fees are not subject to GST.


Last modified 21/01/2015 1:36 PM
ABN 63 384 330 717