Section 1 - Personal Property Securities (Fees) Determination 2018 - Personal Property Securities (Fees) Determination 2018

1Personal Property Securities (Fees) Determination 2018

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Personal Property Securities (Fees) Determination 2018

Personal Property Securities Act 2009

I, CHRISTIAN PORTER, Attorney-General, make this Determination under section 190 of the Personal Property Securities Act 2009.

Dated 28 June 2018

CHRISTIAN PORTER

Attorney-General

Contents

Part 1 Preliminary

1 Name of Determination 3

2 Commencement and repeal of earlier determination 3

3 Definitions 3

Part 2 Fees

4 Registration and search fees 4

5 Maintenance fees 5

6 Reports by the Registrar 5

7 Remitting fees 5

Part 3 Arrangements

8 Arrangement for monthly payment in arrears 6

9 Arrangement for payment for reports 6

Part 1 Preliminary

1 Name of Determination

This Determination is the Personal Property Securities (Fees) Determination 2018.

2 Commencement and repeal of earlier determination

This Determination commences on 1 August 2018. The Personal Property Securities (Fees) Determination 2015 is repealed by the commencement of this Determination.

3 Definitions

In this Determination:

Act means the Personal Property Securities Act 2009.

contact centre means the place at which the Commonwealth, on the request of a person, submits applications under the Act in an electronic form on behalf of the person.

Note Several other words and expressions used in this Determination have the meaning given by section 10 of the Act, for example:

Note:  collateral

Note:  financing change statement

Note:  financing statement

Note:  grantor

Note:  registration time

Note:  serial number

Note:  verification statement.

Part 2 Fees

4 Registration and search fees

(1) For subsection 190 (1) of the Act, the fee for a matter listed in an item of the table in this section:

(a) is as listed in column 3 of the item; or

Item	Matter	Fee ($)	Contact centre fee($)
1	To apply under subsection 150 (1) of the Act to register a financing statement that has no end time	115.00	N/A
2	To apply under subsection 150 (1) of the Act to register a financing statement with an end time of up to the end of the day 7 years after the registration time	6.00	N/A
3	To apply under subsection 150 (1) of the Act to register a financing statement with an end time of:(a) more than the end of the day 7 years after the registration time; and(b) up to the end of the day 25 years after the registration time	25.00	N/A
4	To apply under subsection 150 (2) of the Act to register a financing change statement that amends a financing statement that has no end time to include an additional grantor	115.00	N/A
5	To apply under subsection 150 (2) of the Act to register a financing change statement that amends a financing statement that has an end time of up to the end of the day 7 years after the registration time to:(a) extend the end date; or(b) include an additional grantor.	6.00	N/A
6	To apply under subsection 150 (2) of the Act to register a financing change statement that amends a financing statement that has an end time of:(a) more than the end of the day 7 years after the registration time; and	25.00	N/A
	(b) before the end of the day 25 years after the registration time
7	To apply under subsection 150 (2) of the Act to register a financing change statement that amends a financing statement if the amendment does not extend the end date or include an additional grantor	0.00	N/A
8	To attach, in an application mentioned in any of items 1 to 7, a document to a financing statement or a financing change statement	N/A	N/A
9	To apply under subsection 170 (1) of the Act to search the register using a grantor’s details	2.00	7.00
10	To apply under subsection 170 (1) of the Act to search the register using the serial number by which collateral has been described	2.00	7.00
11	To apply under subsection 170 (1) of the Act to search the register using the unique identifier allocated to a registered financing statement	2.00	7.00
12	To apply under subsection 170 (1) of the Act to search the register using the unique identifiers allocated to two registered financing statements	2.00	7.00
13	To apply under subsection 170 (1) of the Act to search the register using an earlier nominated time as the search criteria	2.00	7.00
14	To request, in an application under subsection 170 (1) of the Act, for written search results in relation to a previously conducted search of the Register by the applicant	0.00	N/A
15	To apply under paragraph 175 (b) of the Act for a copy of a verification statement	0.00	N/A

Item

Matter

Fee ($)

Contact centre fee($)

To apply under subsection 150 (1) of the Act to register a financing statement that has no end time

115.00

N/A

To apply under subsection 150 (1) of the Act to register a financing statement with an end time of up to the end of the day 7 years after the registration time

6.00

N/A

To apply under subsection 150 (1) of the Act to register a financing statement with an end time of:(a) more than the end of the day 7 years after the registration time; and(b) up to the end of the day 25 years after the registration time

25.00

N/A

To apply under subsection 150 (2) of the Act to register a financing change statement that amends a financing statement that has no end time to include an additional grantor

115.00

N/A

To apply under subsection 150 (2) of the Act to register a financing change statement that amends a financing statement that has an end time of up to the end of the day 7 years after the registration time to:(a) extend the end date; or(b) include an additional grantor.

6.00

N/A

To apply under subsection 150 (2) of the Act to register a financing change statement that amends a financing statement that has an end time of:(a) more than the end of the day 7 years after the registration time; and

25.00

N/A

(b) before the end of the day 25 years after the registration time

To apply under subsection 150 (2) of the Act to register a financing change statement that amends a financing statement if the amendment does not extend the end date or include an additional grantor

0.00

N/A

To attach, in an application mentioned in any of items 1 to 7, a document to a financing statement or a financing change statement

N/A

To apply under subsection 170 (1) of the Act to search the register using a grantor’s details

2.00

7.00

To apply under subsection 170 (1) of the Act to search the register using the serial number by which collateral has been described

2.00

7.00

To apply under subsection 170 (1) of the Act to search the register using the unique identifier allocated to a registered financing statement

2.00

7.00

To apply under subsection 170 (1) of the Act to search the register using the unique identifiers allocated to two registered financing statements

2.00

7.00

To apply under subsection 170 (1) of the Act to search the register using an earlier nominated time as the search criteria

2.00

7.00

To request, in an application under subsection 170 (1) of the Act, for written search results in relation to a previously conducted search of the Register by the applicant

0.00

N/A

To apply under paragraph 175 (b) of the Act for a copy of a verification statement

0.00

N/A