Part 1 Preliminary
1 Name of Determination
This Determination is the Personal Property Securities (Fees) Determination 2011.
2 Commencement
This Determination commences on the day after it is
registered.
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:
· collateral
· financing
change statement
· financing
statement
· grantor
· registration
time
· serial number
· 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
(b) if subsection (2) applies in relation to the
matter — is the contact centre fee listed in column 4 of the item.
(2) For paragraph (1) (b), the contact centre
fee will apply in relation to a matter if:
(a) a person who makes an application under item
1, 2, 3, 4, 5, 6, 7, 8, 12, 14 or 16 of the table requests the contact centre
to submit the application in an electronic form on the person’s behalf; or
(b) for item 8 of the table — a person requests
the contact centre to attach a document using an electronic method, to an
application mentioned in item 1, 2, 3, 4, 5, 6 or 7 of the table, on the
person’s behalf.
|
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
|
130.00
|
144.80
|
|
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
|
7.40
|
22.20
|
|
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
|
37.00
|
51.80
|
|
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
|
130.00
|
144.80
|
|
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.
|
7.40
|
22.20
|
|
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
|
37.00
|
51.80
|
|
|
(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
|
3.70
|
11.60
|
|
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
|
3.70
|
11.60
|
|
9
|
To apply under subsection 170 (1) of the Act to search the
register using a grantor’s details
|
3.70
|
|
|
10
|
To apply under subsection 170 (1) of the Act to search the
register using the serial number by which collateral has been described
|
3.70
|
|
|
11
|
To apply under subsection 170 (1) of the Act to search the
register using the unique identifier allocated to a registered financing
statement
|
3.70
|
|
|
12
|
To apply under subsection 170 (1) of the Act to search the
register using the unique identifiers allocated to two registered financing
statements
|
3.70
|
11.60
|
|
13
|
To apply under subsection 170 (1) of the Act to search the
register using an earlier nominated time as the search criteria
|
11.60
|
|
|
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
|
3.70
|
11.60
|
|
15
|
To request, in an application under subsection 170 (1)
of the Act, the data related to the search
|
29.50
|
|
|
16
|
To apply under paragraph 175 (b) of the Act for a copy of
a verification statement
|
3.70
|
11.60
|
|
17
|
To apply under subsection 176 (1) of the Act for a report
mentioned in item 1 of the table in section 4 of the Personal Property
Securities (Reports) Determination 2011
|
30.00
|
|
5 Reports
by the Registrar
For subsection 190 (1) of the Act, the fee to apply
under subsection 176 (1) of the Act to obtain a report mentioned in item
2 of the table in section 4 of the Personal Property Securities (Reports)
Determination 2011, is calculated at the rate of $200 for each hour, or
part of an hour, of preparation of the report.
6 Remitting
fees
Despite sections 4 and 5, the Registrar may remit,
in whole or in part, the fees payable by the Commonwealth, or a State or
Territory government.
Part 3 Arrangements
7 Arrangement for
monthly payment in arrears
(1) For subsection 190 (4) of the Act, an arrangement is
that fees for transactions conducted with the registry by a person during a
month are payable in arrears on the receipt by the person of the statement of
summary of transactions, entitled PPSR statement/invoice, for the
fees.
(2) The Registrar may, for fees payable under the
arrangement, approve an amount that may be incurred under the arrangement.
8 Arrangement
for payment for reports
For subsection 190 (4) of the Act, an arrangement
is that the fee to obtain the report mentioned in section 5 is payable on the
receipt by the applicant of an invoice for the fee.