NEW6.00.00 · Released 17 April 2025
NEWfinPOWER Connect
Released in
6.00.00
17 April 2025
- Opened13 Jan
- Closed13 Jan
- Released17 Apr
Article 21994
Job J034945
Security Statements; Updated discharge message to clarify the behaviour
Currently, when saving a Security Statement that is Registered in the NZ PPSR but doesn't have any Security Items, you are asked:
The Security Statement is a Registered Financing Statement, but there are no longer any valid items.
Do you want to discharge the Financing Statement?
This indicates the PPSR Financing Statement will be immediately discharged. However, clicking Yes only sets the PPSR Action to "Discharge", and will later be discharged, for example, when PPSR Updates are processed.
Therefore, the message now reads:
The Security Statement is a Registered Financing Statement, but there are no longer any valid items.
Do you want to set the Financing Statement to be Discharged?