Glossary

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This is the type of identifier used for organisations (both grantors and secured parties), which includes ARSN, ACN, ARBN, and ABN.

Intangible property, for the PPS Act and the PPS Register, means personal property that is not any of the following:

  • financial property
  • goods, or
  • an intermediated security (see 'intermediated security').

See definition of 'intangible property' under section 10 of the PPS Act.

As a collateral class, includes rights in a design, patent, trade mark, copyright or circuit layout, or plant breeder's rights.

See definition of 'intellectual property' under section 10 of the PPS Act.

In relation to personal property, includes a right in the personal property.

Any individual or business entity that is interested in a specific collateral registration and/or information held on the PPS Register.

The Registrar or the Personal Property Securities Service.

Personal property used in the ordinary course of business by an entity with an ABN, including:

  • property held for sale, or lease
  • property held to be provided under a contract for services
  • property held as raw materials or as work in progress, and
  • property used or consumed as materials.

See definition of 'inventory' under section 10 of the PPS Act.

Refers to certain financial products, including:

  • a share in the body, or a debenture in a body
  • a derivative
  • a foreign exchange contract that is not a derivative
  • an interest in, or a unit in an interest in, a managed investment scheme
  • a unity in a share in a body, and
  • a financial product traded on the financial market that is operated in accordance with an Australian market licence or exempt from the operation of Part 7.2 of the Corporations Act 2001;

but does not include:

  • the creation or transfer of a right to payment in connection with interest in land (where the written evidence of the transfer does not specifically identify the land)
  • a document of title
  • an intermediated security, and
  • a negotiable instrument.

See definition of 'investment instrument' under section 10 of the PPS Act.

IP Australia administers the Australian IP rights system, specifically patents, trade marks, designs and plant breeder's rights. See the IP Australia website for more information.