A small update went into the PPSR over the weekend. The main change has been long awaited and should be welcomed by all.
Previously, when lodging a new registration, the expiry period options only allowed for 25-year and indefinite periods to be chosen, for any other period, a specific date needed to be added:
With one of the most common registrations periods preferred by trade credit suppliers being 7 years, having to specifically add an end date was, not only a nuisance but also fraught with the opportunity for error.
This has now been fixed and users from this morning onwards are able to simply select a 7-year registration period and let the PPSR calculate the end date:
Not an especially radical change but one that should make life just a little bit easier, and that's nice.
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