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VFSC: Home »  News »  Yearly News »  2008 News »  Personal Property Security Act (PPSA)
 
Personal Property Security Act (PPSA)
Published by VFSC
Sunday, 13 March 2011 08:50

ppsradbVanuatu enacted a PPSA in March 2008. Work on completing the Regulations and the establishment of a filing office for security interests to be established within the VFSC is well under way. The new framework will be instrumental for enhancing access to finance in Vanuatu.

The Commissioner, George Andrews recently made a power point presentation covering the PPSA and its benefits to the Business Forum held at the University of the South Pacific Emalus Campus in Port Vila on 12 June 2008. The Forum in its fifth year is organized by the Chamber of Commerce and Industry. Stakeholders in attendance included representatives from government, regulators, industry, diplomatic missions and international organizations. The aim of the exercise is to provide policy advice to government in private sector development.

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