The Personal Property Security Act (PPSA), Chapter P-7.1, 1998 was assented to by the House of Assembly on December 15, 1998, and later proclaimed with the commencement of the new system. A number of existing acts were amended and the following acts repealed:

  • Assignment of Book Debts Act

  • Bills of Sale Act

  • Conditional Sales Act

  • Part I, II, and III of the Security Interest Registration Act