Supply of stock on consignment
The issue of consignment stock is complicated at the best of times, never mind when you introduce the PPSA into the mix. You own the goods supplied but they’re in the possession of your customer when they collapse.
You haven’t sold them to your customer so your retention of title doesn’t help. The PPSA incorporates some complicated rules for consignment stock.
The best thing to do is simply contact us if you supply, goods materials or equipment on consignment terms to your customer. Just click here.