Enforcement of Security Interests under PPSA 2009

Résumé

Following default by a debtor, secured parties, taking into account priority rules, will seek to enforce their security interests. Chapter 4 of the Personal Property Securities Act 2009 (Cth) (‘PPSA’) provides general enforcement rules dealing with seizure, disposal or retention of collateral, and steps to be taken after a security interest in collateral has been enforced.