UPDATE: PPSA commencement deferred to October 2011

In December we discussed the impact of the new Personal Properties Securities Act: see Crosstown Music bitten by partial assignment of copyright. On 13 February 2011, the Council of Australian Governments decided to defer the commencent of the PPSA regime from May 2011 until October 2011. See the report card of the Council of Australian Governments Business Regulation and Competition Working Group for details.

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