Glossary

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The National Service Centre (NSC) is a contact centre which supports operations of the PPSR. 

The NSC provides telephone searches of the PPSR for users who are unable to access the PPSR online.

For an aircraft, this means the series of numbers and/or letters that are assigned to the aircraft under the Chicago Convention.

The nationality mark for an Australian aircraft is 'VH', followed by a hyphen and registration mark of three characters.

A document guaranteeing the payment of a specific amount of money, either on demand, or at a set time, with the payer named on the document.

Generally includes:

  • bills of exchange
  • promissory notes
  • letters of credit that must be presented to claim payment, and
  • writings that evidence a right to payment of money that is ordinarily transferred by delivery with an endorsement or assignment.

The right given under a negotiable instrument is personal property.

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

NEVDIS (National Exchange of Vehicle and Driver Information System) is a national database of all registered vehicles in Australia.

The PPSR interfaces with NEVDIS to provide additional information (where available) on motor vehicles when registrations are made against motor vehicles as collateral, and when motor vehicle searches are conducted.

The PPSR does not store or maintain NEVDIS data.

State and territory road agencies are the source of NEVDIS data and the primary point of contact for enquiries, errors and corrections.

For more information see Additional search results information for motor vehicles.

Normalisation means converting certain letters to numbers, for example I (capital i) to the number 1 (one) and the letters O and Q to number 0 (zero). I, O and Q are normalised in the PPSR: I = 1 (one), O and Q = 0 (zero)

In relation to a ship or watercraft, means the six digit serial number (e.g. 345678) allocated to the ship or watercraft by the Australian Shipping Registration Office to Australian registered ships via the Australian Maritime Safety Authority (AMSA).

See the AMSA website for more information about the official number of a ship or watercraft.

When a PPSR registration has been amended or discharged, this creates a registration event. An ordinal search allows you to compare two registration events.

You will need both PPSR registration numbers. These are unique 15-digit numbers generated when a security interest is registered. A PPSR registration number is not a vehicle registration number.

You will also need the start time, end time or the change number of each registration, depending on the search you wish to conduct.

The organisation identifier is the name or number that identifies the organisation.

This can include the name, ACNABNARBN, or ARSN allocated to an organisation.

It is important to ensure that the correct organisational identifier is included in the registration (incorrect identifiers for grantors may lead to the registration being ineffective). The identifier rules are contained in the PPS Regulations.

For migrated registrations, this means the time at which the registration that is migrated was first registered on the transitional register.

Example:

A mortgage for a motor vehicle was registered on the Register of Encumbered Vehicles on 1 July 2008. This registration was migrated to the PPS Register. The original registration time shown on PPS Register for this migrated registration will be 1 July 2008.

'Other goods' is a collateral class and means personal property that is goods, other than agriculture, aircraft, motor vehicles and watercraft.

Example:

Bank X has a security interest over ABC Ltd's space satellite. A space satellite is a tangible property (ie goods) but is not agriculture, aircraft, motor vehicle or watercraft. It is therefore assigned the collateral class 'other good' in the registration.

Other goods are searchable by grantor.

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