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Secured party groups

A secured party group (SPG) is different to your PPSR account. You will need to create both an account and a SPG before registering a security interest. 

A SPG contains the details of the person or organisation who has an interest in the property - such as yourself or your organisation. 


How long it will take

If you are a first-time user, you must create a Secured Party Group (SPG) before you can complete your registration. 

Creating a SPG will take approximately 10-20 minutes depending on if your SPG needs to include one or several secured parties.


What you will need

Users will need to provide the following details for each secured party:

  • Organisation identifier or Individual name
  • Contact details such as phone number and email address
  • Email and mailing address for service



You will need to create and activate your SPG before creating registrations.


What is a Secured Party Group? (SPG)

What is the SPG?

If you are a first time user you must create an SPG before you can complete your registration. There is no fee to setup or maintain a secured party group.

The SPG can be a single entity (for example, a company or an individual), or be made up of multiple people and/or organisations.

Each SPG is allocated two different numbers:

  • a unique SPG number
  • an access code

Make sure you keep these two numbers safe - you need them both.

Example 

Vans Inc. Pty Ltd leases utes & vans. Cupcakes-2-U Pty Ltd leases a van from them.
In this case, Vans Inc. Pty Ltd is the secured party. It makes a PPSR registration over the VIN for the van and lists Cupcakes-2-U Pty Ltd as the grantor. If Cupcakes-2-U Pty Ltd is unable to pay, Vans Inc. Pty Ltd will be able to make a claim to get the van back.
Example