Borrower Details
IMPORTANT: Full, verifiable names are required.
(First Officer listed to be Chairperson, first 2 Officers to be signatories)
(for delivery of notice)
 
(include ACN if Company)
(include Trust and Trustee details if applicable)
(First Officer listed to be Chairperson, first 2 Officers to be signatories)
$
(if applicable)
 
(include ACN if Company)
(include Trust and Trustee details if applicable)
(First Officer listed to be Chairperson, first 2 Officers to be signatories)
$
(if applicable)
 
(include ACN if Company)
(include Trust and Trustee details if applicable)
(First Officer listed to be Chairperson, first 2 Officers to be signatories)
$
(if applicable)
Additional Information/Special Instructions
Acis PPSR Loan Agreement:
A loan agreement should be used to evidence that a loan has been made, that repayment is required, and to establish a security interest. The security interest elevates the lender to the status of secured creditor, ranking ahead of unsecured creditors in the event of insolvency.
The Acis PPSR Loan Agreement is a loan agreement which incorporates a general security agreement. It records the terms of a loan or loans from a lender or lenders to a company borrower and can be used to register a security interest on the Personal Properties Security Register (PPSR).
Acis will prepare a PPSR loan agreement in accordance with the instructions provided on this order form and have partnered with a reputable law firm to register the security interest evidenced in those loan agreements on the PPSR, where instructed to do so (see below – PPSR Registration).
The fee for an Acis PPSR Loan Agreement is $495 (inc. GST).
PPSR Registration:
Registration of a security interest on the PPSR is the primary way that lenders can ensure they are able to recover their loans before payment of other liabilities. The Acis PPSR Loan Agreement evidences the creation of a security interest that may be registered on the PPSR.
If PPSR registration is required, Acis will engage their partner law firm to:
  • Create a secured party group;
  • Register the security interest on the PPSR in accordance with the terms of the loan/security agreement for a period of 25years; and
  • Provide a notice to be issued to the grantor (borrower) from the secured party (lender) as required under section 157 of the Personal Property and Security Act 2009 (Cth).
The fee for PPSR registration is $495 (inc. GST) per security interest to be registered.
IMPORTANT: If you request PPSR registration, the security interest is not registered on the PPSR until you have returned fully executed loan agreements to our office AND received confirmation of registration from us.
Important Note:
This does not include advice on any taxation issues associated with the transaction/s, the suitability or viability of the transaction/s from a financial and/or risk perspective, the relevant structures of the entities involved, the enforceability of the security interest or review of any other security interests registered against the grantor which may affect the position of a secured party.
Acis does not provide advice in relation to any stamp duty or other state or territory taxes in relation to the enclosed documents nor in respect of any other matter. Please note that taxation, the Corporations Act, trust laws, contract laws and stamp duty laws in various jurisdictions are continually changing. Professional advice should be obtained before signing the documents. Significant fees, duties and penalties can be imposed when entering into loan agreements of this type. Accordingly, except to the extent required by law, we do not accept any responsibility other than in relation to the provision of these documents in accordance with your instructions.