Personal property securities - IPA submission
The IPA has made a submission to the Senate Standing Committee on Legal and Constitutional Affairs in relation to the proposed national personal property securities legislation. Given the significance of the secured creditor in insolvency, the IPA supports the introduction of the legislation. The IPA submission addresses particular issues - retention of title, remuneration liens, priority requirements for securities - with a view to ensuring that the legislation is consistent with insolvency law principles and provisions.
Any comment on the IPA submission can be made to [email protected]