Register security interests on the PPSR and manage your credit risk.
The PPSR is a noticeboard only – it flags that a secured party is claiming a security interest against the personal property of a grantor. It is not a registration of actual documents. Neither is it a register of title.
You can place a notice on the PPSR to show that you have enforcement rights over personal property. You should only register a security interest on the PPSR if you have a security agreement evidenced in writing. A searcher may contact the secured party to request more information or view the underlying security agreement.
Things to consider when registering a security interest
To register your security interest you will need the following information:
- PPSR account
- Collateral type
- Transitional or not transitional
- Secured party details (SPG number)
- Collateral class (what you are registering)
- Grantor details (if applicable)
- Method of payment (depending on your account)
Before proceeding to start your registration you should click on the links above and read what the terms mean and the information required.
Additionally you can view the PPSR Business Guide. The business guide outlines the business benefits, how to use the register and contains case studies―with practical examples of businesses using the register.
The PPS Act and the PPS Regulations set out rules around grantor identification as well as rules about how you describe collateral. If your registration does not meet these rules, you risk it not being effective.
You need to let a grantor know that you've registered a security interest in their personal property by giving them a copy of the verification statement. A verification statement is sent to your email address for service after you create the registration.
There are some further rules when sending the verification statement to multiple grantors. See verification statements for more information.
The timing of a registration
The timing of registering and discharging has legal implications. Failure to follow these timing rules can have significant consequences.
You should register your security interest in personal property as soon as possible. If you haven't registered and the grantor becomes bankrupt, you may lose your right to the security interest.
If your security interest is a purchase money security interest (PMSI), you must register within specific timeframes depending on the type of collateral. See purchase money security interests (PMSI).
If the grantor is a company, the Corporations Act 2001 (Cth) contains further timing requirements. See Division 2A of chapter five of the Corporations Act.
For more information see: PPSR timing rules.
Log into the PPSR and start your registration.
Step 1: Start application
Enter collateral type.
Your account administrator or authorised user may have set up registration templates to be used to assist with the registrations you are creating. For more information see: Registration templates.
Enter if this registration is transitional or not transitional.
Choose your SPG - use default, select a favourite or enter an SPG number and retrieve details.
Note: If you are using a newly created SPG, you will need to activate it by using the link in the access code email. If the SPG has not been activated, you will not be able to use it to create registrations.
If you have a default SPG and want to use an alternate SPG click on the use a different secured party group link.
Step 2: Collateral class
Choose your collateral class.
Each registration can only relate to one collateral class.
Select the collateral class you require for your registration. You may be asked for more details regarding the collateral class you have chosen. See additional collateral details and duration.
Set a duration for the registration.
Fees vary depending on the duration selected. The applicable registration fee will display once you select the duration.
Add any additional details.
Add giving of notice identifier. This is the reference number or text that identifies this registration for you and your SPG. This detail will be public.
Add earlier registration number. This is relevant if this registration is an update and links to a previous registration.
Step 3: Grantor
Add grantor details.
These may not be necessary if you are registering serial numbered consumer property.
If this is an organisation, add the correct identifying business number (e.g. an ACN).
If the grantor is an individual, you need name and date of birth.
If you have favourite grantors saved to your account you can select the nickname and the grantor details will be populated automatically. For more information see: Setting favourite grantors for your account.
You can add another grantor, or click Next.
Step 4: Application review
Review the onscreen registration content and edit if necessary.
Optional: Enter a Client billing reference, this reference will appear on the Tax invoice/Receipt.
The fee for your registration is also shown on this screen.
Step 5: Payment
If your account is Pay As You Go you will need to enter your credit card details and click Pay now.
If your account is pre-pay or credit you will be taken directly to the next step.
Step 6: Confirmation
Your PPSR registration number and registration details are displayed. There is also a link to more detailed PPSR registration information.
You can print your Tax invoice/Receipt here.
A verification statement and token will be emailed to the address for service. Make sure you keep these safe, you will need them in order to manage your registration.
You may be required to send a notice of the verification statement to the grantor in the registration under the PPS Act.
If you have requested a ‘CC Copy’ notification, you will receive a warning message if the secured party group you are using does not allow CC Copies for specific notification types. For further information about setting CC copies or additional notification addresses see: setting additional email addresses for your SPG.
Save as pending
At any step you can cancel, and if you have the permission you can click save as pending, or submit for action. See manage pending registrations.
If you are completing an earlier application for registration, go to finalise pending registration.
Pending applications remain available for seven days before expiring.
Save as template
At any step of the registration process, if you have the required permission, you can save the details you have entered into a template. For more information see: Registration templates.
The confirmation screen does not appear - how to check your registration
Do not refresh your page; this is not a supported function of the PPSR.
The following checks can be done to ascertain if the registration was created:
- Check that the verification statement and token have been sent to the SPG email address and/or any additional notification addresses.
- View Group registrations via Manage a secured party group. You can filter this list on start date and time.
- Your account administrator can confirm if the registration was created by conducting a Transaction enquiry.
- All chargeable transactions can be queried and invoices can be viewed. If an invoice is found, the invoice will list the PPSR registration number.
If you choose to create another PPSR registration (which may turn out to be a duplicate), no refunds are available.