Part 2Security over Moveable Property

Chapter 2Register of Statutory Pledges

Corrections

100Correction of the statutory pledges record at instance of the court or the Keeper

(1)

Where a court determines in any proceedings that the statutory pledges record is inaccurate, the court—

(a)

must direct the Keeper to correct the record, and

(b)

may give the Keeper any further direction it considers necessary in connection with the correction.

(2)

Subsection (3) applies where the Keeper becomes aware of a manifest inaccuracy in the statutory pledges record other than—

(a)

as a result of a direction under subsection (1),

(b)

where an application has been made under section 96(1) or 98(6) in respect of the inaccuracy, or

(c)

where the Keeper considers that—

(i)

such an application could reasonably be made in respect of the inaccuracy, and

(ii)

the inaccuracy is not attributable to the Keeper.

(3)

The Keeper must—

(a)

correct the record if what is needed to correct it is manifest,

(b)

if what is needed to correct it is not manifest, note the inaccuracy on the entry in question.