In NSW:-
NSW Gov't Fair Trading
Letter to all Used Car Dealers states...
REVS to be replaced by PPSR
The new national Personal Property Securities Register (PPSR) will commence on 30 January 2012.
* The PPSR will replace the existing Register of Encumbered Vehicles (REVS) currently operating in NSW. From this date, the law will require you to possess a PPSR certificate stating that a securities check has been completed, rather than a REVS certificate.
* The PPSR is part of the national reform process that brings the different Commonwealth, State and Territory laws and registers regarding personal property security interests under one national system.
* From 30 January, you will be able to search the national register online at www.ppsr.gov.au or by calling 1300.007.777. To search the register, you will need to provide the Vehicle Identification Number (VIN) or chassis number. The search will provide information on whether there is any registered debt or other interest against the vehicle. The search will also create a request for information from the National Exchange of Vehicle and Driver Information (NEVDIS), which will provide written off and stolen status as well as information on make, model, colour and other vehicle information.
* As part of the move to the PPSR, the current prescribed motor dealer forms you are required to complete when trading a vehicle (ie forms 3, 4, 5, 6 and 8) will be amended to remove references to REVS. While this is a relatively minor amendment, it is important that the forms you use reflect the change in the legislation. Fair Trading understands that some motor dealers will have a supply of old stock that they may wish to use. If you are using hardcopy forms that do not contain a reference to the new register, then simply cross out REVS and replace it with PPSR. This should omly be a short term solution and all motor dealers are encouraged to update the forms they use as soon as possible. Details of the prescribed forms as set out in the Motor Dealers Regulation 2010 are available from the NSW Government's legislation website www.legislation.nsw.gov.au