If a customer you have supplied goods to hasn’t paid for them they’re still yours, right? Well, the answer is “not necessarily” …. Why? With the introduction of the Personal Property Securities Act (PPSA) in New Zealand in 2002 ownership of goods supplied on credit and delivered to a customer is no longer relevant. Even if you have a retention of title clause over the goods you may still lose them in an insolvency to a third party, for example a bank.
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Description
This 90-minute workshop gives vital information and practical tips on:
- The PPSA – so what is it? Background, Key Points & Concepts
- Contracts – documentation needed to protect your rights
- Registering on the PPSR – information required & registration process
- Under what circumstances should you register?
- Costs, administration burden and other considerations
At the end of this workshop you will have a clear understanding of what the PPSA is, how it affects your business and what you can do to ensure your property is protected.
Presented By
Business owners, credit and accounts staff.
Additional information
When: Thursday 30th August, 2018 - 9.30am-11.00am
Presenter: Nick Gilbertson, BizEnhanz
Where: Hutt Valley Chamber of Commerce, Layer3 Training Room, Level 3, 15 Daly street, Lower Hutt
Fee: Members: $35 +GST Non-Members $50 +GST
RSVP: Please register using the register tab
Event Information
Bookings essential to ensure you don’t miss out on this important workshop.
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