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To register financing statements on the PPSR
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To register financing statements you must first have a User ID then you must register as a Secured Party Group (also referred to as an SPG).
Secured Party Groups are a central identity within the PPSR. They are essentially the creditor, lender or person taking a security interest over certain collateral.
A secured party creates a Secured Party Group to represent itself the first time it accesses the PPSR. At this time the Secured Party Group is assigned its own unique SPG ID and password.
After the initial Secured Party Group registration the first and all subsequent financing statements are registered against that Secured Party Group.
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Last updated 16 February 2010
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