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Obtaining a court order to maintain the registration
A secured party must obtain a court order to prevent the registration of a financing change statement arising from a change demand. Please refer to sections 162 - 169 of the Personal Property Securities Act 1999 (PPSA) for information relating to obtaining that court order.
The Court may make an order maintaining the financing statement or discharging or amending it, or it can direct other such action as the Court thinks proper e.g. an interim injunction. That court order must be served upon the Registrar of Personal Property Securities within 15 working days of the notice referred to in section 165(2) being given to the secured party.
Reference | Section 166 Personal Property Securities Act 1999.
The method of service under the Personal Property Securities Act 1999 is set out in section 185.
The address for service of the Registrar of Personal Property Securities is:
Level 18 ASB Centre
135 Albert Street
Auckland 1010
New Zealand
Private Bag 92061
Victoria Street West
Auckland 1142
New Zealand
Facsimile: + 64 9-916-4559
Email: registrar@ppsr.govt.nz
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