A new year is a good time to review your PPSR registrations and determine if any of your registrations need to be extended or removed.
If you need to extend a registration, you need to do so before it expires – otherwise you may lose your priority.
Find out more at PPSR timing rules - when you need to take action.
Registrations on the PPSR that are no longer required need to be discharged promptly – usually within 5 business days of the debt or loan it secures being repaid.
More information about discharging registrations is available in our Responsible Registration Management guide.