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LexisNexis Practical Guidance®
Straightforward guidance across a range of topics
- Asset finance
- Leasing and equipment finance
Personal Property Securities Act and leasing
Finance leases, hire purchase agreements and chattel mortgages fall within the scope of the definition of “security interest” under the Personal Property Act 2009 (Cth) (PPSA). Operating leases can also fall within the scope of that definition but there will need to be consideration given to the terms of that lease.
This guidance note discusses how the PPSA applies to leases.
See Personal Property Securities Act and leasing.
