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Accepting a change demand

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Where the secured party wishes to accept the change demand, it is a simple process to record that acceptance online.  You will need the Financing Statement Registration Number and PIN to accept a change demand.

 

 

Step by step instructions

  1. Log on using your User ID and password.
  2. From the PPSR Registration menu, choose Financing Statement Change Demands – Accept Change Demand.
  3. Enter the Financing Statement Registration Number and PIN and click Continue.
  4. Click on the link to choose which demand to display.
  5. Review and confirm the changes and click Accept to accept the change demand.
  6. Confirm acceptance by entering your Secured Party Group ID and password then click Yes.
  7. A verification statement will be sent to each secured party within the Secured Party Group.

 

Notes

Your User ID is a nine-digit number and your password contains seven alpha-numeric characters and is case sensitive.

There is no fee for accepting a change demand – it is FREE.

 

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Last updated 2 July 2009

Resources

There are a number of online tools available to secured parties to help ensure the Personal Property Securities Register is set up to work the way that you want it to, and to help you manage your registrations.

You will find more information about them here or to find the tools themselves online look for the Secured Party Tools option (you must log on first).

 

Tutorials and demonstrations

If you need help figuring out how to do things on the PPSR website, our online tutorials and demonstrations will help you on your way.

[internal link] play a ppsr tutorial.