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Glossary

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A person, organisation, company of other entity who owes a debt.

Design relates to the features of shape, configuration, pattern or ornamentation which, when applied to a product, gives the product a unique appearance. Design is intangible personal property.

A registration that has passed its expiry date or has been removed from the PPS Register.

The length of time of a registration from the start time to the end time.

When you register a security interest, you will be asked to provide a duration for the registration.

The fee charged is related to the duration chosen and can be found on the fees page, under the Fees for financing statements heading.

The duration categories are:

  • Seven years or less
  • More than seven years but less than 25
  • No stated end time

Registrations in respect to goods with a serial number, such as watercraft, are limited to a maximum of seven years in duration.