Australian Financial Security Authority

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    Secured party groups

    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

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