Retention of title clauses under the Personal Property Securities Act

In Central Cleaning Supplies (Aust) Pty Ltd v Elkerton [2015] VSC 92, the Victorian Court of Appeal upheld an appeal and confirmed that a supplier was protected by the transitional provisions under the Personal Property Securities Act 2009 (Cth) (PPSA).

The matter highlights the need to review supply agreements and register any security interests under the PPSA. (more…)