Work commences on implementation Personal Property Securities Act

The High Commissioner of Australia to Fiji John Feakes, RBF Governor Ariff Ali, New Zealand High Commissioner to Fiji Jonathan Curr and the Asian Development Bank (ADB) South Pacific Subregional Officer Regional Director. Picture: SUPPLIED

WORK has commenced on the implementation of the Personal Property Securities Act 2017. The legislation allows people and entities to pledge their personal property to secure finance and for lenders to secure their interests in personal property. It aims to increase credit improvement by mortgaging personal, movable property, and ultimately expanding the collateralization of fixed […]

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