Glossary

Find out more about the different terms we use on the PPSR.

alt text

Displaying 1 - 10 of 156.

A (21) | B (5) | C (21) | D (4) | E (1) | F (4) | G (5) | H (2) | I (9) | K (1) | L (1) | M (7) | N (6) | O (6) | P (17) | R (18) | S (12) | T (8) | U (2) | V (5) | W (1)

This refers to the different channels available to access the PPSR website (www.ppsr.gov.au) and via the Personal Property Securities Service (1300 00 PPSRenquiries@ppsr.gov.au).

When you create a secured party group (SPG), you will be given a secured party group number and an access code which acts as a password. This information will be emailed to the person who is nominated during set-up of the SPG. This code can be changed (see example below).

An SPG access code is a unique 12-character alphanumeric identifier.  Any user who has the SPG number and access code can make changes to a registration (to view, modify and discharge), and access the SPG's workbench so it should only be provided to authorised users.

Example AccessCode1@

If you change your code it must:

  • Not contain space characters
  • Be 12 characters long
  • Have at least one uppercase character
  • Have at least one lowercase character
  • Have at least one numeric character
  • Have at least one of the following special characters: ]~@#^:;<>,.[()|\"`*$-+?_&=!%{}/

An account is not required to search the PPSR but can be useful to make payments quickly, retrieve previous searches and create reports on your usage of the PPSR. There is no charge to create an account.

A PPSR account enables you to:

  • manage your transactions, e.g. searches and registrations
  • provide access to multiple users
  • choose payment method.

The account administrator, also referred to as the account system administrator, is the person who may manage users within an account for a PPS Register account customer. The account administrator has wide ranging roles and permissions to be able to make updates and changes to the account, including but not limited to:

  • create users
  • modify users
  • resetting passwords
  • unlocking users
  • grant permissions (what transactions the user can perform), and
  • remove users.

An account customer is a person or entity that has an account with the PPSR and is authenticated (logged in) to use the PPSR.

While it is not necessary to become an account customer to search the PPSR, an account is required if you need to create a Secured Party Group or a registration. There are benefits to being an account customer, including but not limited to:

  • being able to see all transaction usage and obtain full transaction listing of their account
  • being able to add multiple users to the account (delegated user management), and
  • use approval functions for reviewing and approving pending registration applications.

An Australian Company Number (usually shortened to ACN) is a unique nine-character number issued by the Australian Securities and Investments Commission (ASIC) to every company registered under the Commonwealth Corporations Act 2001 as an identifier. The number is usually printed in three groups of three digits.

If an entity with an ACN has an associated ABNARBN or ARSN you can search ABN Lookup using that ABN, ARBN or ARSN.

Example:

000 000 123

See the Australian Securities and Investments Commission website for more information about the ACN.

Australian Financial Security Authority (AFSA) manages the application of bankruptcy and personal property securities laws through the delivery of high quality personal insolvency and trustee, regulation and enforcement, and personal property securities services.

As a collateral class, includes crops and livestock.

As a collateral class, includes:

  • a machine or craft that can travel in the air and has a nationality and registration mark
  • an aircraft engine
  • an airframe, or
  • a helicopter.

Aircraft engine means engines (other than those used in military, customs or police services), powered by jet propulsion or turbine or piston technology, and:

  • in the case of jet propulsion aircraft engines, have at least 1750 lb of thrust or its equivalent, and
  • in the case of turbine-powered or piston-powered aircraft engines, have at least 550 rated take-off shaft horsepower or its equivalent,

together with all modules and other installed, incorporated or attached accessories, parts and equipment.

See definition of aircraft engine' in the PPS Regulations.

Aircraft that is further described as aircraft engine must be described by serial number in a registration. The serial number for aircraft engine comprise of:

  • the engine's manufacturer's number; that is, the serial number attached to the engine by the manufacturer
  • the manufacturer's name, and
  • the manufacturer's generic model description.