Glossary

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

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A chassis number is a serial number used to identify a motor vehicle manufactured before 1989.

It is a series of numbers/letters attached to or stamped on a vehicle by its manufacturer.

You can usually find a chassis number in the engine bay or on the chassis itself.  

The chassis number may also appear on the vehicle registration papers. Please note, it is not the vehicle registration number.

Unlike a VIN, there is no standard number of digits for chassis numbers and they may not be unique.

A writing which evidences both a monetary obligation and a security interest in, or lease of, specific goods; for example, a hire-purchase agreement. It would not include a negotiable instrument, an investment instrument, an investment entitlement or a document of title.

The Convention on International Civil Aviation signed on 7 December 1944 in Chicago. The Chicago Convention establishes rules on the allocation of nationality and registration marks for aircrafts.

Under this Convention, Australia is assigned the nationality mark 'VH'. An example of a nationality and registration mark for an Australian aircraft is 'VH-WOV'.

Circuit layout refers to the original layout designs for integrated circuits and computer chips. Circuit layout rights are intangible personal property.

For the purposes of Part 9.5, has the meaning given in section 340 of the PPS Act.

Personal property that has a security interest attached to it as a result of an agreement between a grantor and a secured party. For example, property that can be taken by a lender if a loan is not repaid.

When making a registration on the Personal Property Securities Register (PPSR), the collateral must be described by a collateral class.

set of categories used on the Personal Property Securities Register (PPSR) to describe the collateral contained in a registration.

registration must only relate to a single collateral class. It cannot be amended once a registration is completed.

The description of the collateral being registered on the PPS Register.

A registration of a financing statement on the PPS Register. In addition to details about the collateral, the registration also includes:

  • details about the grantor (where relevant), or secured party
  • details about the address for service (address to which correspondence relating to the registration must be sent)
  • giving of notice identifier (see 'giving of notice identifier'), and
  • details about the security interest (for example, whether it is a purchase money security interest or whether it is subordinate to another interest).

A unique identification number allocated by the system to a collateral registration at the time of registration.