Regulatory Alerts2020-08-12
Personal Property Securities Regulations 2019
The Attorney-General of Fiji issued the Personal Property Securities Regulations 2019 to operationalize the Personal Property Securities Act 2017 by designating the Reserve Bank of Fiji as the Registrar. These regulations establish the framework for the Registry, including requirements for client account creation, authentication of authorized users, and the mandatory use of electronic forms for filings. Additionally, the regulations specify fee exemptions for the first two years, limit debtor accounting charges, and mandate the confidential collection of aggregated statistics.
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