Prepare the PPSR filing data sheet from the executed security
Key facts
- Human involvement
- RedLawyer-led
- How AI is used
- Pre-populate a PPSR data sheet from the executed security: grantor identifiers, collateral class, description and term. Do not transmit or instruct the filing.
- What the lawyer must review
- Check ACN/ABN, legal name, collateral class, description and end time
- Check each against the executed security and a current ASIC extract
- Note a s 165(b) grantor error defeats perfection
- Note re-registering after administration restarts the s 588FL clock
- Written for / version
- Commonwealth versionCthNZ
Rules that apply
The document starts from the task name. Change it if this piece of work is different.
Who does what
| Role | What they do |
|---|---|
| Assistance | Supporting preparation only. Potential support includes extracting and organising information and identifying points for review. Confirm the tool’s capability and permitted scope. Substantive advice, judgement and any restricted content remain with the responsible human. |
| Lawyer | Perform the substantive analysis and decisions. Independently check any permitted supporting work and approve the exact output for its intended use. |
Checklist
- Check the current court or regulator requirements, prescribed form and attachments for the intended document and filing.
- Obtain and inspect the relevant current official register or search result. Confirm identities, interests and the date and scope of the search.
- Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.