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dc.contributor.authorScott, Struan
dc.date.available2019-02-10T20:50:57Z
dc.date.copyright2009-01-24
dc.identifier.citationStruan Scott, The PPSA: The Continued Relevance of Conventional Legal Principles in Determining the Existence of a Security Interest, New Zealand Business Law Quarterly 15(3): 205-223 (2009).en_NZ
dc.identifier.urihttp://hdl.handle.net/10523/8932
dc.description.abstractThe Personal Property Security Act 1999 (the “PPSA”) implemented a number of key changes in New Zealand’s law of personal property securities. One change was the introduction of an extensive definition of “security interest” that focuses upon the substance of the transaction rather than its form. Despite this, both the distinction between ownership and security, and some conventional rules that assist in determining whether a party is seeking to enforce their ownership of personal property or enforce a security over that property remain relevant. This is the important message of the Court of Appeal in JS Brooksbank & Co (Australasia) Ltd v EXFTX Ltd (in rec & liq) [009] NZCA 122. Focusing upon transactions involving the sale of goods, this article illustrates how notions of ownership and conventional contractual principles remain relevant in determining whether the transaction has created a security interest. The article also illustrates how conventional legal principles remain relevant in determining an associated issue, whether a debtor has “rights in” personal property so as to enable the “attachment” of a security interest to that property.en_NZ
dc.format.mimetypeapplication/pdf
dc.language.isoenen_NZ
dc.publisherThomson Reutersen_NZ
dc.relation.ispartofNew Zealand Business Law Quarterlyen_NZ
dc.subjectProperty Lawen_NZ
dc.subjectSecurity Interesten_NZ
dc.subjectNew Zealanden_NZ
dc.titleThe PPSA: The Continued Relevance of Conventional Legal Principles in Determining the Existence of a Security Interesten_NZ
dc.typeJournal Articleen_NZ
dc.date.updated2019-02-10T20:21:03Z
otago.schoolUniversity of Otago Faculty of Lawen_NZ
otago.relation.issue3en_NZ
otago.relation.volume15en_NZ
otago.bitstream.endpage223en_NZ
otago.bitstream.startpage205en_NZ
otago.openaccessOpenen_NZ
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