Personal Property Security Law Reform in Comparative Perspective—Antipodean Insights?

This paper addresses the issue of personal property security law reform. It asks why the reform agenda has been pursued much more vigorously in New Zealand than in England even though the two jurisdictions have had very similar starting points. In addition, the paper looks at the fundamental and difficult policy questions that have to be considered in personal property security law reform and the importance of attention to detail in enacting reform measures. If England is to have successful personal property security law reform, then the paper suggests that some of the precedents set in New Zealand may have to be avoided.