The fourth (and final) consultation paper (The register) (CP 4) is now available on the PPSA review website.

You can view CP 4 as a PDF version or a DOC version.

CP 4 discusses various proposals for simplifying the PPS register, and looks at different collateral classes, grantor and secured party details, financing statements, verification statements, amendment demands, the request for information under section 275 of the PPSA, the power to correct errors on the register, migrated securities and related issues.

Comments on the paper are due by 19 December 2014, and Allens will be making a joint submission in conjunction a number of other law firms.