This is an important piece of law which came into force on 1 May 2002 
It provides for a national Register where all securities over personal property ( not land ) are registered so that any member of the public can search that Register to find out if there is any prior claim or security against that property.
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We also provide you with a direct link to the Government legislation site where you can look up ALL Acts of Parliament and Regulations and Rules. An Act is also known as a Statute. A Regulation is also sometimes known as a Rule. This Government legislation site is still going through some teething problems. But you will be able to access all legislation and find specific Acts and Rules and individual sections.
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The Personal Property Securities Register (PPSR) is an official Internet-based Register that you can use to check whether someone such as a finance company has a legal interest in something that you are considering buying, such as a car or computer.
The seller may have bought the property on hire purchase, or borrowed money from a finance company using the property as security for the loan.
If the seller still owes money, you will be able to ch-
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