Definition of PPS Act


PPS Act means the Personal Property Securities Act 2009 (Cth).

Examples of PPS Act in a sentence

The parties agree that no Secured Party need to give any notice to any Loan Party or any other person in respect of or relating in any way to any Loan Document under the PPS Law (including as to any registration or amendment to any registration on the PPS Register) unless the giving of such notice is mandatory under the PPS Act.
Notwithstanding any other provision of any Loan Document, each party agrees that no party will make any disclosure, or provide any document, of the type referred to in section 275(1) of the PPS Act in relation to any Loan Document to any person in response to a request of the type referred to in that section unless required under section 275(7) of the PPS Act or otherwise with the prior written approval of the other parties.