The Personal Property Security Register (PPSR) is an electronic platform on which security interests in assets and personal property can be registered and searched. The default registration period for registrations on the PPSR is 7 years. Due to the fact that the PPSR was introduced in January 2012, registrations have been expiring since 2019. If you are a registered party on the PPSR, it is extremely important for you to seek an extension on your registration before it expires, as when an existing registration is extended, it retains its original registration and priority. Contact b+a to ensure you existing security interests continue to be protected, or to have new interests effectively registered on the PPSR.