Authorised search purpose (s172)
One of the reasons listed in the PPSA that permits a search against an individual grantor.
Permitted purposes include considering giving the person credit, holding a security interest over their property, having their consent, or acting as an insolvency practitioner over their property. Searching without one, or using the results outside that purpose, is a civil penalty matter.
Related terms
- Individual grantor — A grantor who is a natural person, including a sole trader, identified by name and date of birth.
- Grantor search — A PPSR search by the grantor's identifier (ACN, ABN or individual details) returning every current registration against them.
Need this registered, not just defined?
Free check: am I covered?