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Which of the Following Statements Is Not True in Relation

Question 41

Multiple Choice

Which of the following statements is not true in relation to the Personal Property Securities Act 2009?


A) The PPS Register is administered by the Commonwealth Insolvency and Trustee Service.
B) A secured party,such as lender that has been given a fixed charge over a company's assets can register its interest on the PPS Register.
C) Secured parties can search the PPS Register to find out if a security interest is registered over personal property.
D) The PPS Register includes possessory,non- possessory and statutory liens.

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