University Course Planner The University of Adelaide Australia

LAW 7153 - Personal Property Security Law

Career: Postgraduate Coursework
Units: 3
Term: 3915
Campus: North Terrace
Contact: Intensive
Available for Study Abroad and Exchange: Yes
Available for Non-Award Study: Check with School
Pre-Requisite: Students without a Bachelor of Laws must have completed LAW 7177
Assessment: Assessment in a course of this kind would typically include one or more of the following: an exam (either invigilated or take-home), a research essay, a class presentation, and/or assessment of contributions to class discussion.

This course concerns the system for creation and enforcement of security interests over personal property, and as such falls within the areas of banking, commercial, corporate and/or finance law. The course will focus on the Personal Property Securities Act (Cth) 2009, which implemented a new National system for attachment and perfection of security interests, with an online registration system providing rules for notice and priorities. This legislation effected a sea-change in the approach to familiar concepts of common law and equity such as title and charges, and the traditional understanding of 'security', as well as the method, and effect, of enforcement of security. The course involves complex problem-solving and builds on students existing knowledge of commercial law. The course may cover the following topics and will be taught comparatively in some aspects, drawing on New Zealand and Canadian case law: (i) The history and policy of personal property security legislation (ii) The interaction of PPSA with other Federal and State commercial, property ,and consumer law (iii) The concept and function of security (iv) Policy of registration (v) Validity of security agreements and the rights of the parties (vi) The impact of the PPSA on third parties (vii) PPSA and insolvency (viii) Priorities (ix) Default and enforcement The nature and mix of assessment tasks may vary from year to year according to the format in which the course is taught, and/or the teacher(s) involved.

Course Fees

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Student Status


What type of place are you studying in

Commonwealth supported
Full fee paying

Study Level

Postgraduate Coursework
Non Award

Program of Study

Study Abroad student tuition fees are available here

Only some Postgraduate Coursework programs are available as Commonwealth Supported. Please check your program for specific fee information


Course Outline

A Course Outline which includes Learning Outcomes, Learning Resources, Learning & Teaching for this course may be accessed here

Critical Dates

Term Last Day to Add Online Census Date Last Day to WNF Last Day to WF
3915 Mon 01/07/2019 Sun 07/07/2019 Fri 19/07/2019 Fri 26/07/2019

Class Details

Enrolment Class: Seminar
Class Nbr Section Size Available Dates Days Time Location
95074 SE01 20 17 5 Jul - 13 Jul Friday, Saturday 9am - 4pm Ligertwood, 112, Teaching Room