Personal property securities: extensions of time for registration

When registering a security interest on the Personal Property Securities Register, it is important to have regard to the time limits set out in section 588FL of the Corporations Act 2001 (Cth).

If it is discovered that time limits have not been met or mistakes have been made in the registration, practitioners should act quickly to properly register those interests and seek an extension of time under section 588FM of the Corporations Act.

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